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Members of Ofcom, parliamentary representatives and industry chiefs will meet today in crisis talks concerning the future of broadband.

The Broadband Stakeholders Group (BSG) will tell delegates that the long-term benefits of fibre networks to businesses and consumers will outstrip the £16 billion investment in infrastructural improvements.

"Next-generation broadband has the potential to transform the way we do things. It is tempting to jump in feet first, but it matters more to do this right than to do it now," said Antony Walker, chief executive of the BSG.

Summit attendees will also be updated by ex-Cable & Wireless executive Francesco Caio on his report into the state of the UK broadband network, which is being carried out for the Department for Business, Enterprise and Regulatory Reform.

Meanwhile, Anna Bradley, chair of the Ofcom Consumer Panel, told the BBC that it was imperative for next-generation broadband access to be made available to consumers throughout the UK.

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