A report on the National Broadband Plan says the network should be state-owned.
The Joint Oireachtas Committee on Communications has published its report into plans to roll out high-speed broadband to every home and business in the country this afternoon.
The report contains 25 conclusions and 10 recommendations.
It says the original terms of the tender process were too narrow and it was flawed.
The report also hits out at the procurement process undertaken by the Department of Communications, saying "it has proven to be overly complex, restrictive, redundant and unfit for purpose in delivering high-speed broadband at an affordable price"
The report also states that a lack of research and analysis into the actual cost of the final project proved to be a structural flaw in the tender.
With regard to the €220 million that Granahan McCourt will invest in the project, the committee found it to be "unusual compared with that invested by the state".
The report says "It is a cause for concern that the operator will recoup its money within 7 to 8 years, will carry very little risk thereafter and retain full ownership while at the same time the State will have invested almost €3 billion with no ownership rights."