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Britain's BT said it would roll out fiber broadband to 20 million homes and businesses this decade, after regulators provided the pricing flexibility it needs to support a £ 12 billion (16.8 billion) cost. Million dollars) of the plan Shares in the company rose to a 13-month high on Thursday as the move would help BT charge more broadband providers for premium services to help them invest. They were up 0.9 percent on the afternoon deal.Philip Jansen, Chief Executive Officer, said this is "The green light we are looking forward to moving forward and making the fury"Full fiber broadband will be a solid foundation of BT for decades to come and be the starting point for the UK as we improve from this outbreak," he said.Regulator Ofcom gives companies the flexibility to price the fastest,
long-term service along with slotxo คืภcompetitive safeguards.We are committed to giving all companies the opportunity to achieve a fair return over the entire investment period and are not expected to introduce a cost price for fiber services for at least ten years," he said. Melanie Dawes, Chief Executive Officer of Ofcom, said companies can "step up and invest in the fiber-filled future of the country".This is a once-in-a-century opportunity to help make the UK the world's leading digital economy," she said.The UK is lagging behind European rivals in building gold standard fiber networks for homes and businesses, leaving millions of people relying on the old combination of fiber and copper connections that struggle to meet soaring demand.Ofcom said 70% of British customers would opt for a gigabit network.
Free investment
The regulations, enforced for five years, allow BT to maintain carrier-charged prices for 40 Mbit / s entry-level broadband and slower copper, and charge more for full fiber services.This approach improves the investment case for BT and its competitors by providing the margin for building new networks," Ofcom said.BT, which operates the national Openreach network, is on track to reach 4.5 million locations with full fiber this month. It plans to connect 20 million locations by mid to late 2020, including 3.2 million real estate in rural areas.he government plans to provide funding to help access the remaining 20% ​​of the property.We will be releasing Project Gigabit soon to explain where we can get the best broadband connection first, and we will tackle the hardest to reach places as well," said Junior Minister Matt Warman. Said on thursday
Alternative providers such as Virgin Media and CityFibre are building competitive networks in cities and towns.CityFibre Chief Executive Greg Mesch said the regulations would It "inspires confidence and unleashes innovation and investment in a decade" from competitors like his company.He said Ofcom had halted BT's price cuts in areas facing competition without regulators approval.The defense means carriers like TalkTalk, Sky and Vodafone can move customers to CityFibre without worry, he said. Once the fiber is in place, the copper regulations will be removed, so Openreach will not have to maintain the two networks.
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