In response to BT’s announcement this week that it will spend an estimated sum of £1.5bn on installing a new fibre-optic network across the UK Virgin Media has released a statement pointing out that their own fibre network, for which they spent around £13bn is up and running already.
Virgin Media spoke out as a reminder to state that a ‘nationwide network’ of fibre optic cable will begin installation at the end of this year and will give the UK access to 50Mbps rates across the UK.
“We long believed that super-fast broadband is what people want and we’re not surprised some of our competitors are now trying to play catch up,” said James Kydd, MD of Marketing and Brand at Virgin Media.
“We’ve already invested £13 billion in a fibre-optic network and the launch of our 50Mb product later this year will mean 12 million UK consumers won’t have to wait to get access to next generation broadband.
Our 50Mb trialists have already experienced the power of super-fast broadband and we’re excited that we will soon be able to offer this to millions of UK homes.”
Source: Tech Radar
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