NTL announce Irish broadband investment

NTL Ireland is to make a major investment in its cable network to deliver broadband services to over 100,000 homes by the end…

NTL Ireland is to make a major investment in its cable network to deliver broadband services to over 100,000 homes by the end of this year and to the rest of its network by the end of 2006.

Overall, the company plans to invest €100 million in upgrading its cable network.

The investment comes on foot of the significantly improved financial and operational performance of ntl Ireland in the past year.

The company says the investment will provide Irish consumers with a "world-class network" for the delivery of broadband and advanced digital TV services and will "enable consumers to enjoy the benefits of true platform competition".

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The Managing Director of ntl Ireland Mr Graham Sutherland said that the company shared the Government's vision of making broadband services more widely available at competitive prices to place Ireland in the top tier of OECD countries for broadband access.