260 new jobs for Dublin in new fibre broadband firm SIRO

260 jobs are to be created from the new fibre broadband venture set up by the ESB and Vodafone.

The new venture, called Siro, will deliver fibre broadband over ESB electricity lines to 500,000 homes and businesses in 50 regional towns. The new broadband, which will see the ESB and Vodafone jointly invest €450m, will offer households speeds of up to 1,000Mbs.

The company today said that 60 full time jobs would be created in Siro with another 200 construction jobs during the roll-out phase.

The Siro service is different from the government’s National Broadband Plan, which promises fibre broadband to remote rural areas that will not be covered by either Siro or Eircom’s competing fibre broadband services.

Construction on the new Siro fibre network began last September, delivering 1,000Mbs speeds to a test zone of 300 homes in Cavan.

The company says that the initial phase of the project, which consists of 50 towns, is expected to be fully rolled-out by the end of 2018 with “scope” for a second phase that will reach 300 smaller towns.

The ESB and Vodafone have also signalled that they will bid for the government’s state-subsidised National Broadband Plan, which is expected to go to tender later this year.