Jul 24, 2018

Openreach to slash cost of superfast broadband network

The cost of UK broadband could fall dramatically over the coming months after Openreach proposed a range of discounts to encourage broadband companies to upgrade millions of customers currently on slower packages. Openreach is BT's engineering unit and its network is used by Sky, TalkTalk, BT's own consumer arm and scores of smaller telecoms companies. Openreach said only 10m homes have upgraded to superfast broadband services from a pool of 28m that the infrastructure needed. Openreach said it has invested £11bn in its network over the past decade but it needs to drag speeds higher to create consumer demand for the gigabit broadband over full fibre lines, which is more than 20 times faster than the current UK average. Katie Milligan, managing director of Openreach's customer unit, said: "The Chancellor has thrown down the gauntlet on full fibre and we've been clear we want to be the national leader. But we need to ensure Britain is on the best broadband possible today. The story has always been 'build it and they will come' but that model does not work for us."

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