28/07/2011

Eircom To Invest Over €100m In Fibre Rollout

Eircom Group have today announced Phase one of a plan to significantly upgrade Ireland’s telecommunications infrastructure by rolling out fibre based access technologies delivering superfast broadband to customers. Separately, the company also announced it will launch television services next year.

The company intends to serve 100,000 premises by summer 2012 in Phase one of a planned multi-year rollout that envisages fibre based services to one million homes and businesses in Ireland. This will involve an initial investment of over €100 million, upgrading the existing copper access network with fibre to the cabinet (FTTC) and fibre to the home (FTTH) technologies.

These developments build on the company’s plans to restructure its debt and its recent Wholesale Reform announcement. The upgrade will provide Ireland with a range of faster broadband speeds and a platform to allow wholesale customers and ICT providers to introduce exciting new services and applications via the Eircom network. Specific speeds will vary according to the technology used. FTTC will support speeds of up to 40Mbps and beyond, while FTTH supports speeds of up to 150Mbps.

Separately, Eircom intends to launch a range of entertainment services over fibre including television via a customer’s broadband connection (IPTV), video on demand, catch up TV and social media via TV.

These new services will complement the existing value added services such as Eircom MusicHub, to offer customers a complete range of content to the device of their choice in their home.

Commenting on the announcement, Paul Donovan, Chief Executive Officer of Eircom Group, said: “Our investment of over €100 million underlines the company’s commitment to be the nation’s network provider of choice and to support economic growth in Ireland.

“The introduction of television and entertainment services is extremely exciting and underlines how far the company has progressed during the past two years. We are determined to offer quality products and services that are relevant and offer real value to our customers. Today is the next step in that journey. This is good news for the industry, good news for our employees and good news for Ireland.”

(BMcN)

Related Irish News Stories
Click here for the latest headlines.

28 October 2014
Eircom To Offer Super Fast Broadband
Eircom has said it is to offer customers super fast broadband of up to one gigabit per second. A total of 66 communities throughout Ireland will benefit from the scheme. The development will see the roll out of fibre to the home (FTTH) technology; this is where fibre optic cable is routed into users' homes.
04 June 2015
eircom Expands Fibre Broadband Investment
Tipperary is to have access to speeds of up to 1Gb/s 'end to end' fibre to the home (FTTH) technology in 21 new locations following a major regional investment by eircom.
13 January 2015
AIB To Outsource 170 Jobs
AIB has said it plans to outsource 170 IT jobs in Dublin. According to reports, the jobs will be to three different companies. The positions are understood to be going to Eircom, Integrity and Wipro. A process of consultation between the bank and its employees will now commence, but it is thought no staff will be made redundant as part of the move.
28 August 2013
Financial Ombudsman Given Name And Shame Powers
New powers have been given to the Financial Services Ombudsman to name and shame financial institutions with three or more complaints made against them. Minister for Finance Micheal Noonan signed the new powers into force today, which commences section 72 of the Central Bank (Supervision and Enforcement) Act 2013.
29 October 2014
500k Homes To Benefit From Broadband Roll-Out
500,000 homes and businesses across Ireland are to benefit from investment in fibre-to-the-home broadband services being rolled out. Telecommunications companies have so far invested some €2.5bn in the Irish telecommunications market, according to the Department of Communications, Energy and Natural Resources.