BT Roles out superfast Broadband ahead of schedule

BT have announced that they have rolled out their new fibre optic broadband to over 10 million homes in the UK, eight months ahead of schedule.

They had originally set the target of reaching this figure by the end of 2012, but by drafting in hundreds of extra engineers to cover the work they have confortably beaten the set deadline.

Speaking in the Guardian, Ian Livingstone BT’s Cheif Executive commented: “Rolling out fibre is no easy task and so to have passed ten million premises in such a short time is fantastic. Our roll-out is one of the fastest in the world and our engineers deserve lots of credit”

This news from BT has been released just as the group reported that during the 12 months up to 31st March, their earnings were 3% above their forecast, to £6bn.

In addition, during the same time period BT’s consumer facing arm reported new total broadband subscriptions of 589,000 acorss the UK. It’s thought that thanks to the new super-fast broadband service customers had moved to BT from rivals Virgin Media.

From 2013 BT plans to further extend their fibre optic footprint by introducing fibre direct telephone exchanges. The result would be broadband speeds of up to 300Mbps, with potential to run a 1 gigabit per second connection in the future.