The national broadband plan dramatically increased by €2 billion euro last week to just under €3 billion.
That in itself is bad enough but now a top civil servant has condemned the broadband plan going so far as to say that it should cancelled.
Robert Watt claims that the national broadband plan is extremely cost ineffective and poses gigantic financial risks to the exchequer.
It’s understood that some 400 meetings were conducted to study the broadband plan in (expensive) detail with the reckoning that the pricetag will now be close to €3 billion rather than €1 billion.
However the Taoiseach Leo Varadkar is going to ignore the stern warning and has announced that he’ll pursue the venture regardless.
It’s now understood that the bidder, a privately owned company, will make an initial investment of €220 million into the broadband plan for its initial development.
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