The government has approved a bid to extend £ 18.7 m ( $ 24.8 m ) of public funding to continue to support the rollout of superfast broadband in Devon and Somerset until June 2019 . Meanwhile the take-up rate for all CDS-funded services currently stands at 54% and is said to be “generating significant resources for reinvestment” thanks to the gainshare (clawback) agreement with BT (Phase 1 contract). The extension of the funding was necessary due to Gigaclear falling behind schedule by as much as two thirds in some areas . Infracapital , the new owner of Gigaclear , has made significant changes to remedy the situation and proposed a revised rollout plan with a June 2018 launch date . The revised plan has yet to be approved by Connecting Devon and Somerset .
The government has approved a bid to extend £ 18.7 m ( $ 24.8 m ) of public funding to continue to support the rollout of superfast broadband in Devon and Somerset until June 2019 . The extension of the funding was necessary due to Gigaclear falling behind schedule by as much as two thirds in some areas . Infracapital , the new owner of Gigaclear , has made significant changes to remedy the situation and proposed a revised rollout plan with a June 2018 launch date . The revised plan has yet to be approved by Connecting Devon and Somerset .