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, 5/01/2023 - 11:45
Bracknell is set for a significant economic boost from CityFibre’s £20m fibre network rollout, according to a study by the consultancy Hatch.
Potential economic impacts include £288m in productivity and innovation gains, £63m from a widened workforce, £11m in Local Authority efficiency savings and £217m in increased housing value.
The study also states that CityFibre’s network will help realise £686m in gross added value from 5G services, £138m from the Internet of Things and £121m from Smart City initiatives, like intelligent traffic management systems and street lighting.
Neil Madle, Area Manager for Bracknell at CityFibre, said: “This report demonstrates just how powerful fibre is as a catalyst for growth and a platform for innovation and investment.”
Councillor Marc Brunel-Walker, Executive Member for Economic Development and Regeneration at Bracknell Forest Council, added: “It is clear that fibre infrastructure will provide the springboard that Bracknell Forest needs to further develop its connectivity capabilities, unlocking more opportunities within business, education, and entertainment.
