The new high speed fibre broadband upgrade will take three years to complete and will involve 500 jobs and will cater to about a million homes.
The Virgin Media broadband plan will not impinge on the National Broadband plan and will only cater to customers already using Virgin Media broadband.
Samatha McCaughren, business editor with the Sunday Independent joined the Last Word to discuss.
Catch the full chat by pressing the Play button on this page.