BT eyes TV licence funds to help boost fibre rollout

15 Nov 2010

The UK’s fixed line incumbent, BT, has said that it could extend the reach of its superfast fibre-based broadband network to around 90% of the country’s homes if it is able to access funds expected to be made available by the government. According to the Financial Times, the telco’s CEO Ian Livingston said that his company could reach the higher coverage level by 2017 if it were handed the bulk of the GBP830 million (USD1.3 billion) that the state could make available as part by taking a portion of the TV licence fee to help support broadband rollouts in rural regions. The incumbent will likely face stiff competition however, with cableco Virgin Media also expected to bid for the funds if they are made available.

United Kingdom, BT Group (incl. Openreach), Virgin Media