BT floats 600 million-pound plan to push broadband into remote corners of UK

British telecoms provider BT has offered to invest up to 600 million pounds ($778 million) to provide faster broadband services to remote parts of the country, Britain's government said on Sunday. Under the proposal, BT would ensure all households in Britain can access speeds of at least 10 megabits per second, typically enough for a family to stream films, carry out video conferencing and browse the web at the same time.
The government will now consider whether the voluntary offer from BT or a regulatory approach represents the best way to achieve its target of providing fast internet services to all homes and businesses, Culture Secretary Karen Bradley said. Under its proposal, BT would fund its investment and recover its costs by charging for access to its local networks. "We already expect 95 percent of homes and businesses to have access to superfast broadband speeds of 24Mbps or faster by the end of 2017," BT's chief executive Gavin Patterson said.