Yet another story where you’ve only read the headlines, eh Cendrillon? Here’s a link but I’ll past the salient bits below since I know you never click any of them
www.independent.co.uk/news/business/news/free-broadband-labour-plan-internet-wifi-nationalisation-a9205031.html
The tories have pledged £5bn to subsidise the roll out of full fibre broadband - that’s another £5bn to subsidise the profits of a formerly publicly owned company. Who’s the wasteful party here?
The Tories had pledged £5bn to subsidise the rollout of full-fibre broadband by 2025 but on Friday Boris Johnson rowed back on this, saying the target was “gigabit internet” without a firm deadline.
The lack of a full fbre network negatively impacts our economy.
Other countries are far ahead of the UK on fast broadband. Just 7 per cent of UK premises have full-fibre connections compared to 71 per cent in Spain. In South Korea its 97 per cent and Japan 99 per cent.
Openreach has been heavily criticised for underinvesting in the network and for poor levels of service.
The £20bn estimate comes from an independent report by Frontier Economics for the Department for Digital Culture Media and Sport last year.
This option would be the cheapest way to have full coverage full fibre broadband across the U.K.
It concluded that a national monopoly would be the cheapest way to roll out full-fibre and could achieve up to 100 per cent national coverage in 15 years for £20.3bn.
If left to private companies in a competitive market "enhanced" by some government intervention the bill would come in at £32.3bn, largely because of duplication of parts of the network by rival firms. The report also said it was likely that around 10 per cent of the country would not get full fibre as it would be “uneconomic” and a further 10 per cent would be subject to a hold-up.
I’d rather pay slightly more tax and have reliable fast broadband that everyone can access rather than paying more to a private company and some still not getting it.