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. Anonymous insiders said an additional million homes could be added to the two million already promised the upgrade. fibre 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 £ 8.5bn ($ 6bn ) of investment to bring faster broadband to 10 million homes by this week .
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. Anonymous insiders said an additional million homes could be added to the two million already promised the upgrade. 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.