Thursday, December 09, 2010

UK - BT (with govt financial support) will reach 9 of 10 UK properties

[cable] The telecoms giant said it can achieve this target if it wins £830 million of government funding.

BT has confirmed it will be able to bring super-fast broadband to nine in ten UK properties if it wins all the public money available for fibre deployment.

The coalition government has indicated it will release £830 million during the current parliament and the next in a bid to bring the technology to more rural parts of the country.

With this in mind, BT said funding on that scale would enable it to deploy fibre optic broadband to 90 per cent of homes and businesses, provided the regulatory and investment environments are favourable.

Responding to the news, culture secretary Jeremy Hunt said: "A super-fast broadband network is vital to the country's economic growth and the development of our high-tech and creative industries, as well as the reform of public services."

BT's fibre-to-the-street cabinets offer download speeds of up to 40Mbps, with the company claiming this figure could potentially rise to 60Mbps in the future.

BT confirms plans for 90% fibre optic broadband coverage

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