Fibre provider

BT has announced a programme worth around £1.5bn to roll out fibre-based, super-fast broadband to up to 10 million homes by 2012.

has announced plans to roll out fibre-based, super-fast broadband to up to 10 million homes by 2012.

The programme will deliver multiple services with top speeds of up to 100Mb/s with the potential for speeds of more than 1,000Mb/s in the future.

BT plans to invest around £1.5bn in total on the programme, of which around £1bn is incremental to its existing expenditure plans for fibre deployment.

The company expects its initial investment in the programme will result in around £100m of incremental capital expenditure in financial years 2008/09 and 2009/10, taking the total expected capital expenditure in those years to around £3.2bn and £3.1bn respectively. The remaining incremental spend of £800m will be spread over the following three financial years.

Fibre-based super-fast broadband will give customers enough capacity to run multiple applications that consume large amounts of bandwidth. In a typical household, it will be possible to watch different high-definition movies, play games and work on complex graphics or video projects simultaneously.

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