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BT has announced plans for a major investment into a high-speed fibre-optic broadband network across the UK.

The telecoms giant plans to channel £1.5 billion into work allowing 10 million British homes to receive super-fast connections by the year 2012.

Customers will be able to enjoy speeds of up to 100 Mb per second after the company carries out what it says is the largest ever investment into super-fast broadband.

BT chief executive Ian Livingston commented: "Broadband has boosted the UK economy and is now an essential part of our customers' lives. We now want to make a step-change in broadband provision which will offer faster speeds than ever before."

Urban and rural areas have been included in the proposals and BT intends to consult with local and regional bodies to determine where the programme should be focused.

Estimates indicate it would cost around £15 billion to extend a fibre-optic network to every part of the UK.

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