What is SIRO?
SIRO is dedicated to the rollout of resilient, quality Fibre-to-the-Premises (FTTP) broadband for homes and businesses across Cork City and County. Despite challenges posed by COVID-19, the company has remained committed to its mission. As a wholesaler, SIRO aims to connect approximately 55,000 premises across the Rebel County by the end of 2021 as part of its Phase One deployment, with further expansion planned. Services are available through various retailers including Vodafone, Sky, Digiweb, PureTelecom, Nova Broadband, and Viatel.
How much funding has SIRO raised?
SIRO has raised a total of $125M across 1 funding round:
Debt
$125M
Debt (2021): $125M with participation from Macquarie Asset Management
Key Investors in SIRO
Macquarie Asset Management
Macquarie Asset Management is a global investment firm that typically invests in infrastructure and real assets, aligning with SIRO's focus on broadband network development.
What's next for SIRO?
The recent major strategic investment signals a significant phase of growth and expansion for SIRO. This backing is expected to accelerate the company's ambitious rollout plans across Cork and potentially beyond, enhancing the region's digital connectivity. The focus will likely remain on delivering high-speed FTTP broadband, solidifying SIRO's position as a key infrastructure provider in the Irish market.
See full SIRO company page
