UK based telecommunications firm BT has won a EUR33m contract from Surrey County Council in the UK to offer superfast broadband to the county.
Under the contract, BT will rollout a new network that is based on fibre-to-the-cabinet (FTTC) technology, offering the speeds up to 80Mbps for businesses and homes in the county by the end of 2014.
The telecommunications company will also deploy its fibre-to-the-premises (FTTP) services that will improve the speeds upto 330Mbps, for those who pay an installation fee.
BT Group Next Generation Broadband managing director Bill Murphy quoted by ITPRO saying: "It goes further than the Government’s national aim for fibre broadband by 2015 and brings the county within a whisker of 100 per cent fibre broadband availability."
The company will invest EUR11.8m with EUR20m coming from Surrey County Council and EUR1.3 m from the government’s Broadband Delivery UK fund, giving a fund of EUR33m for the superfast broadband services project.
Surrey Deputy Leader Peter Martin quoted by ZDNet saying the county council did the deal to make Surrey the best connected county and could enhance the county’s economy by around EUR28m a year.
"This will be a great boost for business, from start-ups in small offices through to multi-nationals. It can be crucial to the continued success of Surrey businesses and a huge attraction to those looking to move in," Martin said.