BT Fibre Optic Broadband Roll Out Gets £1bn Boost
BT (BT.com/infinity) has announced plans to invest a further £1bn into the roll out of its super-fast fibre optic broadband service which will see coverage extend to two-thirds of UK homes and businesses by 2015.
The news means BT will now be committing a total of £2.5bn to its fibre optic broadband network (known as BT Infinity), which offers broadband download speeds up to 40Mbps.
Around 4 million UK homes are expected to have access to BT Infinity’s super-fast speeds by December 2010, with 10 million homes able to connect by summer 2012.
BT’s additional £1bn expenditure will be managed within their current levels of capital expenditure of around £2.6bn.
BT Infinity Broadband (Option 1) prices start from £19.99 a month for speeds up to 40Mbps together with a 20GB monthly data usage allowance. Up to 2Mb upload speeds are achievable.
Unlimited data usage, subject to a fair use policy is offered with the BT Infinity Option 2 package (£24.99 a month) which also features upload speeds up to 10Mbps.
Readers can check when the BT fibre optic broadband roll out comes to their area at the BT.com/infinity website.
BT’s rival, Virgin Media, already provides fibre optic broadband packages with speeds up to 50Mbps to 55% of UK homes. Prices start from £15 a month when taken with a Virgin phone line. No BT phone line is required.