RUPERT Murdoch’s Sky has announced plans to invest €1bn in the Irish economy in the next five years with cash earmarked for 500 new jobs by July as well as investment into its retail network.
Most critically for Irish business, a new broadband service will be introduced, which is set to increase competition in the domestic market.
The massive investment was announced by BSkyB chief executive Jeremy Darroch, who travelled to Dublin for the opening of the network’s new Irish operations centre. The facility at 1 Burlington Plaza, off Mespil Road, was officially opened by Taoiseach Enda Kenny.
A total of 500 staff are employed at the centre with plans to recruit 500 more for Sky operations here by the end of June, said Mr Darroch.
The jobs will be in customer services, training and human resources roles.