Maidenhead to benefit from £14m fibre rollout

Thu, 5/01/2023 - 17:15
CityFibre

Maidenhead is set for a significant economic boost from CityFibre’s £14m fibre network rollout, according to a study by the consultancy Hatch.

Potential economic impacts include £146m in productivity and innovation gains, £32m from a widened workforce, £3m in Local Authority efficiency savings and £103m in increased housing value.

The study also states that CityFibre’s network will help realise £349m in gross added value from 5G services, £55m from the Internet of Things and £62m from Smart City initiatives, like intelligent traffic management systems and street lighting.

Area Manager Neil Madle said: “Full fibre has the potential to truly transform the digital capabilities of Maidenhead.”

Councillor Ross McWilliams, Cabinet member for Digital Connectivity, Housing Opportunity, & Sport & Leisure, added: “As part of our overarching vision of creating a sustainable borough of innovation and opportunity, one of our top priorities is the quality infrastructure that connects neighbourhoods and businesses and allows them to prosper, including first-rate digital connectivity.

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