One of the area's biggest real estate companies signed a deal with BT's Openreach.
Public wi-fi in the West End of London is set to receive a significant superfast upgrade after Grosvenor, one of the area's most prominent real estate companies, signed a deal with BT’s infrastructure arm Openreach.
The agreement will see Openreach invest a total of £2 million over the next five years in order to drastically improve the quality of this free public network.
Its been estimated that when the project reaches completion download speeds could be up to a staggering 200 times quicker than the UK’s average and connection speeds could be as high as 300Mbps.
Despite being one of the capital’s busiest financial centres and boasting some incredibly luxurious properties, London’s West End actually features in the top five percent for worst performing broadband speeds in the UK, according to a spokesperson from the Grosvenor.
Kim Mears, Openreach's managing director for infrastructure delivery, said that they hoped to provide similar superfast broadband to as many as 10 million homes and businesses by the mid-2020s. However, she warned that the “commercial and operational challenges are significant”.
“Co-investment models like this one are part of the answer, and we’re keen to replicate this with other landowners and developers throughout the UK,” she said.
Openreach’s investment is part of a wider 20-year long plan to improve the overall environment of the West End by creating greener spaces and streets that appeal to a wider variety of people than they already do.
Source: The Independent
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