BT has entered a partnership with Arqiva and Detica to bid on a multi-billion government contract for the installation of smart meters in homes and small businesses, The Guardian has revealed.
The companies will bid for the contract to roll out 28 million smart meters nation wide over the next ten years.
Together, the three companies are aiming to persuade the UK government that they should build and operate a new long-range radio network to communicate with the installed smart meters.
The companies will be battling it out with mobile service providers Vodafone and Orange, which are also looking to win the £7 billion contract.
According to BT, the smart meters will work wirelessly via Arqiva's radio network, and will be secured by Detica. The whole process would be managed by BT.
Smart meters will be installed by utility providers to create a smart grid that can monitor electricity demand. This would then allow households to run devices with high power consumption at off-peak times, relieving pressure on the national grid.