What is the cost of Ireland’s fiber network?
The cost of constructing Ireland’s next generation of high-speed fiber optic infrastructure is now a matter of debate.
According to a recent report from the US Federal Communications Commission, the cost to build Ireland’s network is projected to be $6.6 billion, or about $1,000 per kilowatt hour (kWh) of capacity.
That would be about $40,000 less than the cost per megawatt hour that the US Department of Energy estimates it will cost to create a gigabit-per-second (Gbps) Internet connection.
But it is the potential of the country’s fibre network that is of most concern.
The government is expected to release a plan for Ireland’s fibre-optic network by the end of this year, with the cost projected to rise dramatically.
The report says that Ireland’s project will be “the largest public investment in the next generation” of telecommunications infrastructure in the world.
According to the US Energy Department, the total investment in fibre optic networks in the United States will reach $1.9 trillion by 2030, and is projected “to total $2.5 trillion by 2031”.
The report notes that Ireland is “currently the largest market in the country” for broadband.
The Irish government has previously said that it intends to invest more than $3 billion in a new high-capacity network.
It also announced plans to build up to 12,000 gigabit fiber optic cables by 2020, which it says will be the most efficient way to deliver broadband to the entire island of Ireland.
However, the plan has faced some criticism over the last year after some internet service providers were accused of taking advantage of the Government to undercut their competition.
It has also been criticised for its decision to sell its fibre optic network, known as the High Speed Internet, for $9.9 billion, while it continues to pay up to $200 million per month for the contract.