Openreach is continuing to roll out faster broadband across the UK, and has connected around 8,000 residents in Barnet to its upgraded network, improving digital access to essential services.
Tue, 27/09/2022 - 15:04
CityFibre’s investment into Leeds’ digital infrastructure may unlock £1.4bn in economic benefits, according to a report by Hatch.
The study estimates that over a fifteen-year period, Leeds will see £972m in productivity and innovation gains, £214m from a widened workforce, £39m in local authority efficiency savings and £406m in increased housing value.
Technological benefits include £2bn in gross added value (GVA) from 5G services and £514m from the Internet of Things.
“The report demonstrates just how powerful and essential full fibre is as a catalyst for growth and a platform for innovation and investment,” said Kim Johnston, Regional Partnership Director at CityFibre.
Alex Sobel, MP for Leeds north west, added: "This is a crucial investment for businesses and people in my constituency, that will reap numerous long-term benefits for the area, including reduced CO2 emissions, advanced full-fibre connectivity and better digital infrastructure in deprived areas."
