BT to Accelerate $4 Billion Broadband Fiber Plan by a Year
This article is for subscribers only.
BT Group Plc, the U.K.’s largest Internet service provider, will accelerate its 2.5 billion-pound ($4 billion) rollout of fiber broadband as it competes with operators including Virgin Media in high-speed Web services.
BT will advance the rollout by one year by bringing forward 300 million pounds of funding, the London-based company said today in a statement. BT now plans to reach two-thirds of British homes by the end of 2014, rather than 2015.