BT provides 87% fibre network by spring 2011 to citizens of London
Wednesday, June 16th, 2010BT has planned to speed up the broadband internet service by connecting all homes and business by spring 2011. More than 87 percent of the broadband will be turned into fibre networks. As of now only 3 percent of the people enjoy the fibre network connection by BT and presently Chingford, Enfield, Muswell Hill, Edmonton, Tottenham and Thamesmead enjoy the high speed broadband connectivity with fibre network.

BT’s Chief executive Officer (CEO) has announced that, “London is already one of the best connected cities in the world, and our investment plan will ensure that it stays ahead of the pack”. He also added that, “Our investment will see Londoners have access to both fibre and advanced copper broadband services well in advance of the London Olympics.”
Boris Johnson, the mayor of London has welcomed the announcement of BT. He also said that, “The illustrious progenitor of the internet, Tim Berners-Lee, was born in this great city and it would be the ultimate tribute to him if London had the best digital games ever, not to mention the lifetime legacy of stronger internet infrastructure.”

At the same time the company will return a profit of £1.1 billion which incurred a loss of £1.6 billion last year.BT global services has overestimated the income, reportedly including the deals with NHS and Thomson Reuters. Also BT has focused on increasing the profit at global service division, reported the Sunday Telegraph.
Most of the top Broadband players considered it as economically not feasible to supply broadband services to this village. The Government’s top priority is to offer unlimited high speed broadband internet connectivity to the rural areas and are delighted by the move. AN estimated 2.5 million households in the UK are getting a Broadband service less than 2 MBPS due to various factors like location coverage etc. Rutland telecom scheme is a JV between villagers who were frustrated by the slow broadband speeds and a local ICT firm that was reselling BT’s (British Telecom) broadband.