Siro opens new Dublin HQ, plans to spend €150m in 2017

Following the official opening of its new headquarters in Carrickmines, Co Dublin, Siro has announced its intentions to invest €150m in its network roll-out in 2017.

As a joint venture between ESB and Vodafone, Siro has opened its new headquarters to facilitate its planned expansion in the new year.

Having initially hired 60 staff following its creation in 2015, it has hired an additional 60 staff over the last 12 months to bring its total numbers to 120.

Over the course of 2017, Siro has said that it will invest €150m to facilitate the roll-out of broadband to 500,000 premises in 50 towns nationwide.

This will include the hiring of 400 subcontractors to lay the foundations for the network that is currently based in 17 regional towns through its fibre-to-the-building (FTTB) service.

By the end of this year, Siro said that 55,000 premises will be supported by FTTB and will be expanded to 30 additional towns next year.

Follows BT deal

This news comes on the back of its announcement at the beginning of December that it had agreed a deal with BT to allow retail partners within BT’s existing wholesale customer base to resell fibre services from Siro.

Siro’s CEO Sean Atkinson said of this latest announcement: “We are delighted to move into our new home after doubling our headcount to 120 and outgrowing our old premises. It is our ambition to become Ireland’s new national telecoms infrastructure and I am excited by the calibre and enthusiasm of colleagues who have joined us to help build our unique 100pc optical FTTB network”.

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor, TD was also at the opening of the office and added: “Broadband connectivity is of vital importance to the Irish economy in terms of job creation and enabling Irish companies to compete online.

“I have seen the potential of the gigabit society already when I opened the Ludgate Hub in Skibbereen, which is powered by Siro, this summer.”