Friday, October 26, 2018

Openreach slashes cost of bringing fibre to new-build homes

Many more new-build homes up and down the UK could be set to enjoy the fastest broadband speeds on offer after Openreach confirmed it is cutting the cost of installing fibre-to-the-home technology in new properties.

The infrastructure developer will reduce the amount it charges builders of small developments by 75 per cent. The revised rates will apply to developments of fewer than 30 homes and apply from November 1st.

Kim Mears, Managing Director of Strategic Infrastructure Development at Openreach, said: "The UK is a world leader in digital infrastructure and services today, but as the digital revolution continues at an ever increasing pace, and our demand for data grows, we need to make sure this country stays ahead of the curve by building fast, reliable networks that cater for all the activities we’ll want to do online in the decades ahead."

She added that the new deal will provide a lower-cost option to housebuilders and should help encourage the adoption of future-proof technology broadband across smaller developments, ensuring that no-one is left behind in the move to high-speed broadband.   The scheme is expected to benefit more than 40,000 new homes a year across 5,000 developments, giving families, home workers and small businesses access to faster, more stable broadband connections by running fibre-optic cables right to their doorstep.

Digital Minister Margot James also hailed the move, noting that it will help achieve the government's aim of rolling out a national full fibre network and building an infrastructure that is fit for the future.

She said: "Ensuring all new developments, large or small, can access full fibre technology will be instrumental in delivering this, and we welcome Openreach's plans to reduce costs to developers by 75 per cent."

It builds on Openreach's existing scheme of installing full fibre connectivity free of charge to all housing developments of more than 30 properties, which has seen the technology made available to more than 80 per cent of new homes since launching in 2016.

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