BT has this week announced that they are planning to invest £6 billion into the development of their broadband infrastructure throughout the UK providing 12 million UK homes with ultrafast broadband by 2020.
The news follows on from BT’s recent news that the company was planning to up its basic infinity package to 52 MB speeds to compete with the other UK broadband providers such as Virgin and others.
BT explains more in today’s press release :
Ultrafast broadband will be deployed to a minimum of ten million homes and businesses in the same period, subject to regulatory support, with an ambition to reach twelve million. There will be an increased focus on Fibre to the Premises (FTTP) technology within this plan with the aim being to reach two million premises with the technology, mainly in new housing developments, high streets and business parks. Customer service will be another area of focus with the company revealing a series of new initiatives to better meet the evolving needs of its customers.
BT Group Chief Executive Gavin Patterson said:
The UK is a digital leader today and it is vital that it remains one in the future. That is why we are announcing a further six billion pounds of investment in our UK networks, subject to regulatory certainty. Networks require money and a lot of it. Virgin and BT have both pledged to invest and we will now see if others follow our lead. Infrastructure competition is good for the UK and so is the current Openreach model whereby others can piggyback on our investment should they want to.
For more information on the new BT invest into the UK broadband infrastructure jump over to the official BT plc news website for details via the link below.
Source: BTFiled Under: Technology News, Top News