BT will Continue to Invest in Fast Broadband Services
BT, the telecoms giant operating in the United Kingdom has planned to invest in high speed broadband service even while trying to reduce its cost and carry on with its programme of redundancy. For this year BT has already declared the cut down of 15,000 jobs and also has plans to cut about GBP 1.5 billion of cost. This has been revealed by the broadband provider in its half yearly results announced last day.BTs chief executive Ian Livingston commented that they were investing in the business’s future deployment and high speed broadband programme, all of which fitted in their capital expenditure schemes. BT currently is upgrading its network with the latest ADSL2+ technology. This technology is expected to help the materialization of 20Mbps broadband speeds and about seventy five per cent of the country's business and homes will get access to it by 2011.
The company has also been carrying on the rollout of the super fast next generation fibre broadband in a few parts of the country. According to the broadband expert of a pro-broadband website, the results published were better that those expected by many experts. He said that BT's investment for a 20Mb broadband service is already getting popular among many BT customers and other telecoms providers who are already using BT's upgraded network.
14-11-2009
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