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This financial boost will help support the upcoming rollout of their high-speed technology.
The village of Cornish Hall End will be the first to receive gigabit services.
The project's aim is to deliver high-speed broadband to isolated communities.
BT, Sky, Virgin Media, TalkTalk and Zen Internet have all signed the agreement which was created by regulator Ofcom.
Gigaclear has provided Green Meadows Park in Gloucestershire with access to speeds of up to 900Mb.
Openreach's Fibre First scheme is to upgrade an entire city's infrastructure for the first time.
From 1st March 2018, customers can exit their broadband contract if they don't receive the appropriate speeds.
A new £3 million scheme aims to deliver on the government's promise to improve rural broadband.
Residents of Belfast, Cardiff, Edinburgh and London will be the first to benefit from the technology.
The government's full fibre network fund will bankroll the project.
50 homes in the Cambridgeshire village of Papworth will experience the service for six months.
Greater Glasgow, Salford and the London boroughs of Bexley and Merton are included in the 2019 rollout.
The Orkney Islands can achieve a speed of just 3Mb while those in Broxbourne, Hertfordshire enjoy a superfast 32.5Mb.
Gigaclear and Truespeed have both offered to expand their full fibre networks across Walton-in-Gordano.
Passengers can now surf the web, browse social media and use email while in the air.
The regulatory board want to ensure no customers are overpaying for broadband.
From 2020, the two providers could be tasked with delivering a 10Mb connection to those who request it.
Homes and businesses could potentially see speeds of up to 330Mb.