BT: £12bn full fibre investment

BT has announced what it describes as “the UK’s biggest communications infrastructure investment in a generation”. Philip Jansen, Chief Executive, commenting on the telco’s Year End results, said that BT had risen to the challenge of the coronavirus crisis, keeping the nation and the NHS connected, standing by its customers and supporting the most vulnerable in society. “Recent weeks have shown how vital it is to develop next generation digital infrastructure. That’s why we’ve set out a new target to invest around £12 billion [€13.8bn] to build full fibre broadband for 20 million premises right across the UK, including rural areas, by the mid- to late-2020s. Combined with our leadership in 5G, this is a sound long-term investment that will drive the UK’s economy for years to come,” he asserted.

Source: BT: £12bn full fibre investment