BT has increased its fibre deployment targets and says EE is on track to launch 5G “imminently” in 16 UK cities.
So far, Openreach has connected 1.2 million premises with fibre to the premise (FTTP) technology with a view to reaching three million by 2020 and 10 million by the middle of next decade. At the current pace of rollout, around 20,000 properties are being added each week.
It now plans to cover four million by 2021 and 15 million by the mid-2020s – if it there is a suitable investment and regulatory climate.
Openreach recruits more fibre engineersEE to launch 5G in 2019What is 5G? Everything you need to know
The UK’s largest telco made the announcements in its annual financial results which show a decline in reported revenue of one per cent to £23.43 billion.
Growth in BT’s consumer divisions was offset by ongoing challenges in its enterprise and global services business, but pre-tax profits rose by two per cent to £2.666 billion.
“While we are really well positioned in a very challenging and competitive UK market, we have a lot of work to do to ensure we remain successful and deliver long term sustainable value to our shareholders,” …read more