BT Rolls Out a Massive Fiber Network

The telecom giant announced a network investment expected to connect as many as 10 million homes to the superfast broadband service by 2012

On July 15, London-based telecom giant BT Group (BT) announced it will spend almost $3 billion by 2012 to connect as many as 10 million homes to superfast broadband services using fiber optics. The massive infrastructure investment should go some way toward helping Britain catch up to France, where household penetration of speedy Internet connections is about 50 times higher. But just how good the rollout will be for competition and consumers is still an open question.

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