BT has said it intends to ‘build like fury’ following Ofcom’s announcement that it will not impose price caps on full-fibre connections.
The telecommunications firm said that the decision is the ‘green light’ it has been waiting on to begin the £12 billion work to connect 20 million homes and businesses in Britain to next generation Fibre to the Premises (FTTP) broadband.
Philip Jansen, chief executive of BT Group, said, “This is good news for all fibre providers in the UK. For us, it is the green light we’ve been waiting for to get on and build like fury. Full fibre broadband will be the foundation of a strong BT for decades to come and a shot in the arm for the UK as we build back better from this pandemic. Connecting the country has never been more vital.”
Clive Selley, chief executive of Openreach, added, “We’ve now passed almost 4.5 million premises and are building faster, at lower cost and higher quality than anyone else in the UK. Today’s regulation will allow us to ramp up to 3 million premises per year providing vital next generation connectivity for homes and business right across the UK.”