BT to continue fibre expansion

Last week there were some concerns among the shareholders in BT, who were unhappy with the capital outlay needed to roll out the super fast fibre broadband network during the current financial situation.

However, while the shareholders in BT need a reasonable return on their investments, creating a fibre network would add value to the business and therefore the company too.

A spokesperson from inside BT has let it be known that there are no plans to delay the fibre project and that it is still set to be rolled out by 2012, providing around ten million households and small businesses with super fast broadband.

In fact, BT believes that the only delay may come from the regulator Ofcom, who will need to ensure that the regulatory groundwork has been put in place.

Story link: BT to continue fibre expansion