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Private cash sought to boost broadband in UK
Last updated: February 21, 2008 - 8:35am
PRIVATE CASH SOUGHT TO BOOST BROADBAND
[SOURCE: Financial Times, AUTHOR: Andrew Parker]
British regulators yesterday sought to entice companies into making multi-billion pound investments in ultra-fast broadband networks, after warning that existing telecoms systems are likely to get overwhelmed by bandwidth-hungry households and businesses. Ofcom, the media and telecoms watchdog, published proposals to encourage the investments, which it said would produce the most important changes to the UK's telecommunications infrastructure in 20 years. The government and Ofcom are insisting the private sector pays for the super-fast broadband networks, which could cost £15bn or more.
http://www.ft.com/cms/s/5226384c-6c95-11dc-a0cf-0000779fd2ac.html
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