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Virgin Media Invest 3 Billion pound in UK Broadband

Virgin Media Invest £3 Billion in UK Broadband

Virgin Media Invest £3 Billion in UK Broadband

Virgin Media Invest 3 Billion pound in UK Broadband

 

Virgin Media, one of the UK's largest Ultra-fast Fibre internet providers, will be investing £3 billion pounds in the UK's broadband infrastructure, which will bring fibre broadband with speeds of up to 152Mb/s to 4 million more UK homes and businesses.

This investment will be part of Virgin Media's "Project Lightning", which will bring 6000 new jobs in the UK over the next 5 years and is estimated to benefit the UK economy by £8 billion.  

 

Virgin Media Invest 3 Billion pound in UK Broadband  

This is a quote from Virgin Media's press release.

"With the support of parent company Liberty Global plc (“Liberty Global”) (Nasdaq: LBTYA, LBTYB, LBTYK), Virgin Media will extend its unrivalled fibre-rich network to approximately four million additional premises over the next five years. This will increase the number of homes and businesses to which Virgin Media can offer services by almost a third; from around half of the country today to nearly 17 million premises by 2020."

 

Liberty Global, Virgin Media's parent company,  is also preparing trials of DOCSIS 3.1 technology across several European locations later this year. This technology could give us speeds of up to 10Gb in the future.

It is fantastic to see further investment in the UK's fibre broadband infrastructure, especially from a internet provider which supports the Broadband Stakeholder Group's (BSG) voluntary code to support the "open internet", which is the UK's form of Net Neutrality.

 

You can join the discussion on Virgin Media's £3 Billion investment in the UK broadband on the OC3D Forums.

 

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Most Recent Comments

15-02-2015, 14:34:53

Chrazey
God damn!Quote

15-02-2015, 15:07:37

NeverBackDown
Wish they were in the US. I want some of that here.. Quote

15-02-2015, 15:08:38

Kyiagi
best is getting better? i hope its free upgrade again!Quote

15-02-2015, 15:13:50

WYP
Quote:
Originally Posted by Kyiagi View Post
best is getting better? i hope its free upgrade again!
yeah, lets hope so.Quote

15-02-2015, 15:14:18

Damo666
All ready got the 152 service as a free upgrade, but was stuck on a high utilized line for 3 months. If i get upgraded, i hope its not the same situation again.Quote
Reply
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