A recent survey from bOnline has shown that many SMEs are unsure about the availability of altnet in their area, with confusion over the UK’s broadband roll-out strategy.
Thu, 20/10/2022 - 11:49
CityFibre’s £22m investment into Bath’s digital infrastructure may unlock over £268m in economic benefits, according to a report by Hatch.
The study estimates that over a fifteen-year period, Bath will reap £122m in productivity and innovation gains, £27m from a widened workforce, £5m from local authority saving and £141m in increased housing value.
Technological benefits include £291m in gross added value (GVA) from 5G services, £82m from the Internet of Things and £51m from Smart City initiatives.
Kathryn Askew Smith, Area Manager for Bath at CityFibre, said: “This report demonstrates just how powerful and essential full fibre is as a catalyst for growth and a platform for innovation and investment.
“Connectivity is so important, and it will make Bath more attractive as a place to live, work and visit.”
