Eircom has announced plans to invest €1bn in developing its infrastructure in Ireland over the next three years.
The company announced the move today while reporting operating profits of €139m for the six months to September of this year.
It says the investment will be used to improve broadband speeds and capacity, as well as develop its Meteor mobile services.
Last week, Eircom's rival BT also announced plans to spend €500m developing its infrastructure on both sides of the border.
COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? firstname.lastname@example.org