Culture Secretary Jeremy Hunt on Monday announced that the government will subsidise the installation of fibre broadband to every community not included in the private sector’s plans to roll out superfast broadband across the UK.
As part of its national broadband strategy, 'Britain's Superfast Broadband Future', the government is aiming for every community in the UK to be able to access a minimum broadband download speed of 2Mbps by 2015.
In addition, Hunt said that the government will subsidise the installation of superfast fibre-based broadband to the rural ‘final third’ of the UK not included in the private sector roll-out. According to the government plans, the private sector is expected to connect 70 per cent of the country with fibre-based broadband.
In a speech to think-tank Reform, Hunt said that the country-wide installation of superfast broadband would be a huge boost to the national economy.
"A superfast network will be the foundation for a new economic dynamism, creating hundreds of thousands of jobs and adding billions to our GDP.” Hunt said.
“But it is not just about the economy, around the world there are countless examples of superfast broadband helping to build a fairer and more prosperous society, and to transform the relationship between Government and citizens."