BT announced agreement worth’s £60m with Gloucestershire and Herefordshire councils
BT broadband has announced of signing a joint agreement which worth’s roughly £60m with Gloucestershire and Herefordshire councils.
Under the deal BT will provide the entire homes and businesses centers with a minimum connection of 2Mbit/s with 24 Mbit/s and above for all those want it by 2018.
The overall contract worths £56.6m and BT is that main share holder with £20.9m. Other companies like Broadband Delivery UK (BDUK) will invest £18.17m and £10.1 million from Herefordshire Council whereas £7.5m from Gloucestershire County Council.
The project will bring a number of economic benefits as agreed by council chiefs of twin districts.
The project will attract more businesses to county while helping existing ones to nurture and will connect rural properties, said John Jarvis Herefordshire council leader.
BT will now work on the project road map by analyzing the process of reaching all 1,40,000 premises across the two cities to get more and more people connected in less span of time.