NTL Ireland to splash €100m on network
Broadband upgrade
Posted in Telecoms, 3rd June 2004 13:46 GMT
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NTL is to blow €100m (£66.6m) to upgrade its cable network in Ireland so that its punters can hook up to broadband. By the end of the year NTL Ireland will be able to deliver broadband to more than 100,000 homes with the rest of the network coming on-stream by the end of 2006.
The cableco - which operates in Dublin, Waterford and Galway - decided to invest in its network following improved financial and operational performance of ntl Ireland over the past year.
In a statement, Graham Sutherland, md of NTL Ireland said: "This is an ambitious step forward for NTL and I believe it will boost broadband take up in Ireland. By creating real platform competition in Ireland through network investment, increasing broadband speeds and reducing subscription prices, NTL Ireland will further stimulate the uptake of broadband in this country."
NTL Ireland also announced a series of price changes for its existing broadband products. From August, its 300k service will cost €25 (£16.65) a month, while its 750k service will set you back €35 (£23.30) a month. ®
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