ESB and Vodafone have joined forces to launch a new broadband company in Ireland known as Siro, with €450 million ($512 million), that will launch high-speed fiber optic broadband in the country.
The first outlay will cover 500,000 premises in regional towns throughout Ireland. There has been a trial in Cavan of 300 premises, where users were able to tap an insane speed of 1Gbps, bidirectional. The new network will be laid out on ESB's existing overground and underground infrastructure, which already uses fiber optic cable. This will ensure that up to 1Gbps speeds can be delivered to users.
The new service will be offering users speeds of between 200Mbps and 1Gbps, which is magnitudes more than what most users in Ireland have at the moment. Better yet, Siro will be offering its super-fast broadband to other telecom operators, so that it can be pushed in the retail side of things, too. Siro will be rolling out the fiber broadband in June, starting in Cavan, Dundalk, Westport, Castlebar, Sligo, Carrigaline, Tralee, Navan, Letterkenny and Wexford.