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.
CityFibre’s £23m investment into Crawley’s digital infrastructure could bring economic benefits including £385m in productivity and innovation gains, £85m from a widened workforce, and up to £288m in increased housing value.
Technological benefits include £916m in gross value added from 5G services, £194m from IoT and £162m from Smart City initiatives.
Henry Smith, MP for Crawley, said: “The forecasted economic benefits of enhancing our digital infrastructure in Crawley speaks volumes.
“This report from Hatch shows that we have a lot to look forward to as a community.”