UK announces major telecom investments with Budget 2017

Wednesday 8 March 2017 | 18:51 CET | News
The UK Chancellor of the Exchequer Philip Hammond has announced the Budget for 2017, with new measures to boost for 5G and another GBP 200 million for FTTH/P, ISPreview reported. The amount will go to local projects to promote private sector investment in full-fibre (FTTH/P) networks for both homes and businesses. About GBP 16 million will help set up a new 5G Mobile technology hub. There will also be a new Digital Infrastructure Investment Fund (DIIF), with an additional GBP 400 million.

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Categories: General
Companies: Ofcom
Countries: United Kingdom
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