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 £32m investment into Portsmouth and Havant’s digital infrastructure may unlock £335m in productivity benefits, £74m from a widened workforce, and £13m in Local Authority savings.
This comes from a study by Hatch that also lists technological benefits including £396m in gross added value (GVA) from 5G services, £177m from the Internet of Things and £70m from Smart City initiatives.
Area Manager Jon Russell said: This report demonstrates just how powerful and essential full fibre is as a catalyst for growth and a platform for innovation and investment."