At Telcom UK, we welcome the Treasury’s announcement of a dedicated investment to accelerate the adoption of high-speed internet across the country through full-fibre and 5G infrastructure.
The aim of the funding, which is part of a larger Digital Infrastructure Investment Fund, is believed to help at least two million more homes and business get connected to fibre broadband.
The investment will reserve £400m to full-fibre adoption, and have a separate pot to support the development of 5G connection across the country. Currently, only 2% of the UK has access to "full-fibre" connection, capable of download speeds of up to one gigabit per second.
As an Internet Provider invested in growing communities and supporting local businesses across the North West, we see the upcoming announcement as a great opportunity to modernise the country’s internet infrastructure. The UK, the world’s fifth largest economy, ranks 14th when it comes to coverage above 10Mbs, lagging behind many European countries such as Belgium and Romania.
Shaun, CEO of Telcom commented “We welcome the intention of the Treasury, and we look forward to receiving all the details to plan our contribution to expanding the UK’s infrastructure and making sure it’s ready for the future”.
