Peterborough City Council and Cambridgeshire County Council are the latest BDUK project to sign with BT, with the result that 98% of homes and businesses in the region should have access to FTTC or FTTP broadband by the end of 2015.
The project has some £45 million to meet its targets with some £16m of this coming from BT themselves. The payback to the local authorities is the potential for the improved broadband to generate an additional £500m for the local economy over a five year period once the work is completed.
"We have made it happen by joining forces with our partners and taking the initiative to bring vital connections that will boost the local economy and ensure that those living in isolated communities are not left out of the digital world. Better broadband will allow us to build upon the business and enterprise success of our region, helping to create local jobs and prosperity for the long term. It will help our communities to thrive and make public services more accessible for our residents, particularly elderly and vulnerable people, and more cost-effective for taxpayers."Councillor Marco Cereste, Leader of Peterborough City Council
The project will start work on the planning immediately with the first areas that are part of the project expecting to be offering a fibre based service by the end of 2013.