closedownarrowexternal-linklogo-verticalmenu-barsearch Skip to main content
Jump to navigation

Businesses in North Wales are to receive a fillip in the form of a high-speed fibre-optic network, which promises to deliver a fast broadband connection at a reduced cost.

The £30 million broadband link is the brainchild of Deputy First Minister Ieuan Wyn Jones and will link more than a dozen strategic business parks in the area, the Daily Post reports.

The construction of the FibreSpeed network will bring in an extra £29 million annually to the Welsh economy, both by improving the performances of companies and by drawing in new firms seeking to take advantage of the network, the Assembly Government predicts.

Deputy First Minister Mr. Jones said: "In advanced telecommunications infrastructure is absolutely vital to the kind of economic development we want to achieve in Wales.

"FibreSpeed is a major step in the creation of an infrastructure, which will give a whole range of Welsh companies and organisations a standard of communications services easily equal to the best in Britain.

"It is part of a process which will facilitate the long term transformation of our economy."

Financing for the FibreSpeed project will be provided by suppliers and designated operators GEO and European Structural Funds.

Join the conversation

comments powered by Disqus

Stay up to date

  • Google+ Follow uSwitchTech
  • Subscribe to our RSS feed

Latest Comments

  • Angela 1 week ago Complaint over broadband... I have tried to claim my £200 cash back over the past 9 months which I have never received or had any...
  • Josh Cropper 1 week ago Government scheme gets superfast... 10Mbps by 2020? Careful guys... They're gonna hack super fast dial up into your eyes by 2030 at this...
  • David Longstaff 1 week ago How to fix Sky Q's 'too bright'... Swiping, or clicking, right brings up the last program pop up then pressing back removes it, with no...

Search news