Next Generation Super Fast Internet To Cost £30 billion Says Government Advisory Group

Plans put forward to install next generation broadband in every household in United Kingdom could cost the economy nearly £30 billion according to a report published by the Broadband Stakeholder Group.

The organisation, which seeks to implement better internet connectivity across the country, implicitly reckoned that costs are difficult to assess and that the £30 billion figure represents the very upper end of the spectrum.

Choosing the "fibre to the cabinet" option, which would see major upgrades only to the backbone network, would cost roughly £5 billion and would almost certainly be the simplest and quickest to implement (ed: although they haven't certainly considered the internet sewer solution).

Connecting 75 percent of UK households through Fibre to the cabinet would cost only £3.3 billion.

The £30 billion corresponds to the price of putting fibre optic cable into each household, which would allow speeds of up to 100mbps to be achieved quite easily.

The price of implementing fast broadband per house would almost certainly be far more expensive in the rural areas compared to towns.

Recent figures show that more than one third of UK households do not have or do not want internet access.

The report also touches upon potential collaboration with other utilities like water companies, to cut cost and accelerate deployment, especially in densely populated areas.