The government will be spending millions of pounds on making “superfast broadband” easily accessible to a total of 600,000 premises.
In the coming year £440 million will be invested into the economy towards upgrading the connectivity for homes and businesses in remote parts of the UK.
What we can call careful contract management by the government of the UK has made this money available for use towards the project. The reason we call it “careful” is solely because of the mode of operation, as more than £150 million has been saved across 44 projects.
Subsidies that were returned from the BT make up the rest of the entire £440 million sum. Those are big numbers with efficient outlooks.
“Our Broadband Delivery UK programme is giving families and businesses in hard-to-reach areas the fast and reliable internet connections which are increasingly at the heart of modern life”
Said the Culture Secretary, Karen Bradley.
Going on to add more he said; “Strong take-up and robust value-for-money measures mean £440 million will be available for reinvestment where it matters – putting more connections in the ground.”
Ms Bradley made sure to add sternly that “great progress” in upgrading broadband connectivity across the country has been made but made us to understand that there was more to do.
The speeds of broadband aren’t things that get boosted automatically it needs people to get onboard and use it, the culture secretary said.
The psyche behind what she said is quite simple; if more people increase the adaptation of the broadband then it will be a “win-win-win” situation: consumers will get a far better service, it will encourages big internet providers to invest, and when more people get onboard in remote areas, money is pulled back to pay for more connections.
Ofcom has released figures that say that 9.1 million homes presently have superfast broadband connections, compared with the eight million the year before. That’s serious growth happening here. All it requires are interesting investors.