BT to provide 5m homes with faster broadband
BT has promised to speed up its delivery of high-speed fibre broadband to 5 million more households across the UK by 2026.
The company says the move could create up to 7,000 new jobs. The BBC reports that the rollout may be completed through joint ventures with other parties to share the work and investment with its Openreach operation, especially to speed up broadband access to people in rural areas.
Philip Jansen, CEO of BT, said, “It's a massive programme - a £15bn investment. After a number of years of tough work, and as we look to build back better from the pandemic, we're now pivoting to consistent and predictable growth."
The move comes as the switchover to All-IP networks as telecommunications providers globally are migrating from Public Switched Telephone Networks (PSTN) to new ‘All IP’ (Internet Protocol) networks.