David McCourt, founder and chairman at Granahan McCourt Capital, discusses opportunities for telecoms companies in the developing world on CNBC Europe’s morning television show, Street Signs.
David McCourt talks with Tanya Beckett on BBC’s Business Live, ‘Behind the Headlines’ show about connecting the world’s unconnected population, the current telecommunications trends and the investment opportunities in the Middle East and North Africa.
The 58-year-old sits on a telecoms and broadcast empire that has reportedly seen his net worth rise close to €1bn. He has Emmy awards. He has contracts from Mexico to Saudi Arabia. He has a partner who sits on the board of Warren Buffett’s Berkshire Hathaway investment firm.
One of America’s most successful telecoms, media and technology pioneers, David C McCourt has skin in the game when it comes to Ireland’s National Broadband Plan. As owner of Enet, one of three firms shortlisted to take on the plan, McCourt wants to bring his wholesale partnership model to the table.
David McCourt started his first firm, McCourt Cable Systems, in 1982. An Emmy and EY World Entrepreneur winner, and the first person to be recognised for his services to business by the White House, since then, he’s founded or bought 20 companies in nine countries, spanning TV stations, telecoms and internet satellite firms. In 2012, his net worth was estimated to be $750m, and he has contracts running from Mexico to Saudi Arabia. “Everything we do must be replicable around the world. We don’t have any business where it only works in the UK, or Idaho. Everything is global, and everything must be in some kind of partnership with someone else.”
David McCourt, leading US business investor, chairman and CEO of Granahan McCourt Capital, speaks about the solutions he sees to the perceived chasms developing within US society.
For nearly 15 years rural Ireland has been promised high speed broadband……..the promises has been renewed again by this Government who say every home in Ireland will now have high speed connectivity by 2022. David McCourt speaks with Drivetime.
Setting out to bring original content to what it feels are underserved areas of the globe, ALTV.com has begun transmission in the Middle East and North Africa. Backed by David McCourt, chairman and CEO of Granahan McCourt Capital, ALTV was unveiled at the Royal Hibernian Academy in Dublin to an audience of content makers, creatives, politicians, diplomats and investors.
David McCourt, Chairman and CEO of Granahan McCourt Capital speaks on Bloomberg’s Taking Stock show with Kathleen Hays and Pimm Fox, about the telecommunications landscape and the three biggest trends that will impact today’s telecom industries.
TAQNIA Space, Skyware and Crescent have signed a joint venture agreement in Saudi Arabia with KACST as the technology partner. King Abdulaziz City for Science and Technology (KACST) is an independent Saudi scientific organization with a long experience in research and development. With its current scientific Saudi resources and technology experts, KACST is considered to be the main technology partner for the new venture in Saudi Arabia. This initiative is the product of a long standing relationship between Crescent Technologies founders Bandar M. Al-Saud and Omar A. Talib and Granahan McCourt Capital principal David McCourt, who have partnered together on multiple telecom, media and technology ventures.
In partnership with Enet owner Granahan McCourt, John Laing and 3i have emerged as the backers of a bid for the National Broadband Plan. Showcasing its capability to deliver the National Broadband Plan, Enet recently completed a 1 gigabit-per-second fibre broadband network in rural North Kerry.
The Enet consortium, including 3i, and a division of Warren Buffet’s Berkshire Hathaway is bidding for the state-subsidised €1.5 billion National Broadband Plan. 3i and John Laing, the British public-private partnership specialist, are among the financial backers of the consortium. The other two members with equity stakes in the bidding consortium are Enet itself, and the telecoms private equity specialist Granahan McCourt, which is also a shareholder in the consortium that owns Enet.
Despite the technology being readily available, many people across the world are still saddled with subpar or even no access to the internet. This has been a persistent problem not only in developing countries but across the developed world as well – even here in Ireland.
Regulation, partnerships and connected people are the three biggest trends that will impact the telecoms industry in 2016. Much of this change will come from the developing world, while citing Uber and Airbnb as new companies wielding huge power with their access to customers.
Enet, the largest alternative telecoms network in Ireland and part of Granahan McCourt Capital (GMC), recently celebrated the launch of two one gigabit-per-second fibre broadband networks in North Kerry and Mayo, two rural areas in western Ireland, as part of the country’s National Broadband Plan.