eircom to invest $144.5 million to upgrade network
Aug 02, 2011 (Datamonitor via COMTEX) -- Ireland-based telecommunications company eircom Group has announced plans to invest approximately E100 million ($144.5 million) to upgrade its network.
The investment will be used in the first phase of the company's plan to upgrade Ireland's telecommunications infrastructure by rolling out fiber-based access technologies. The company will use the investment to upgrade its existing copper access network with fiber to the cabinet (FTTC) and fiber to the home (FTTH) technologies. FTTC will support speeds of up to 40Mbps and beyond, while FTTH will support speeds of up to 150Mbps.
The company plans to serve around 100,000 premises by summer 2012 in the first phase of the plan that aims to provide fiber-based services to one million homes and businesses in Ireland. Separately, the company also announced plans to roll out television services in 2012.
Paul Donovan, CEO of eircom Group, said: "Our investment of over E100 million ($144.5 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." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon
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