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 investment into York’s digital infrastructure may unlock £357m in economic benefits, according to a report by Hatch.
The study estimates that over a fifteen-year period, York will see £207m in productivity and innovation gains, £45m from a widened workforce, £7m in Local Authority efficiency savings and £143m in increased housing value.
Technological benefits include £492m in gross added value (GVA) from 5G services, £131m from the Internet of Things and £87m from Smart City initiatives.
Residents can currently access services via Vodafone, TalkTalk, Giganet, IDNET, No One and Hyperfiber with additional providers such as Zen expected to join the network soon.