UK telecom giant BT is set to approve plans by subsidiary Openreach to replace copper telephone lines with high-speed fibre optics, following a recent board meeting. Openreach has pressed its parent company for as much as £6bn to deliver faster and more reliable broadband to 10 million homes by 2025 and could look to go further as installation costs come down. The company said it would be "delivering the first commercial FTTP network in Europe and will provide an alternative for customers who want faster broadband speeds at lower cost". BT is also expected to offer support for millions more future upgrades so long as authorities streamline planning rules, reduce business rates and loosen price caps. Openreach also plans to push for £6bn ($8.5bn) of investment to bring faster broadband to 10 million homes by 2025.
UK telecom giant BT is set to approve plans by subsidiary Openreach to replace copper telephone lines with high-speed fibre optics, following a recent board meeting. The company said it would be "delivering the first commercial FTTP network in Europe and will provide an alternative for customers who want faster broadband speeds at lower cost". BT is also expected to offer support for millions more future upgrades so long as authorities streamline planning rules, reduce business rates and loosen price caps. Openreach also plans to push for £6bn ($8.5bn) of investment to bring faster broadband to 10 million homes by 2025.