This BT-owned company supplies numerous other firms such as Sky and TalkTalk with Ofcom now confirming that it won’t place a limit on the amount that Openreach can charge wholesale buyers to access its service.
This decision has been made in an attempt to incentivise BT to invest £12 billion in the UK’s infrastructure and it seems to have worked with the firm saying that it will now “build like fury” to get the UK up to speed.
READ MORE: WhatsApp warning: new messaging block confirmed for some iPhone users
Copper wires can only beam the web into homes at speeds of around 50Mbps and that’s simply not quick enough anymore with most people now wanting Fibre To The Premises (FTTP) connections which can boost things to over 1Gbps. At that rapid rate, you can download a full HD movie to your TV in around 40 seconds.
Ofcom says that its new approach will lead to properties in around 70 percent of the UK having a choice of networks from competitive commercial rollout.
Openreach has committed to deploy full-fibre to a further 3.2 million properties (10%) in more rural areas. And the Government plans to cover the remaining 20% of the country through public funding, to help ensure nobody gets left behind.
On the back of the report, BT has confirmed its plan to build FTTP to 20 million premises by the mid- to late-2020s with Philip Jansen, Chief Executive, BT Group saying: “This is good news for all fibre providers in the UK. For us, it is the greenlight we’ve been waiting for to get on and build like fury. Full fibre broadband will be the foundation of a strong BT for decades to come and a shot in the arm for the UK as we build back better from this pandemic. Connecting the country has never been more vital”.
And Clive Selley, CEO, Openreach added: “We’ve now passed almost 4.5 million premises and are building faster, at lower cost and higher quality than anyone else in the UK. Today’s regulation will allow us to ramp up to 3 million premises per year providing vital next generation connectivity for homes and business right across the UK”.