Assuming an acceptable environment for investment, he said BT’s broadband programme could potentially be extended to make fibre available to around two-thirds of UK homes by 2015.
A total investment of around £2.5bn will be managed within BT’s current levels of capital expenditure. The company had previously undertaken to invest £1.5bn in getting fibre to around 40 per cent of UK homes in 2012.
The roll-out is already underway, with 4m homes due to have access to fibre broadband by the end of 2010.
BT also said it plans to invest a further £200m, mainly in the areas of fibre, enhancing its TV services, introducing other new consumer services and building on opportunities in BT Global Services, particularly in the Asia Pacific region.
PMI falls as manufacturers feel the squeeze
17 months or two and a half years - which is it?