Skip to main content
Jump to navigation
Sky news

A sizable allocation of public funding for next-generation broadband services could be bad for the market, according to Sky.

The broadband ISP made the suggestion in the wake of Lord Carter's Digital Britain report, which also voices concerns over the effect of large-scale public investment in high-speed networks.

Sky has referred to the "wasting" of public funds diverted towards the market when private investors are keen to bankroll projects.

The company said in a statement: "While industry is in this experimentation phase, public intervention in the market – or even the possibility of it – could chill private investment.

"While commercial companies are testing the economics of NGA (next-generation access), there is a real danger that the deployment of public money could distort incentives and be wasted funding investments that would otherwise shortly be made by the private sector."

Sky called on Virgin Media to open up its cable broadband network to other providers in order to speed up the roll-out of super-fast services.

Join the conversation

comments powered by Disqus

Stay up to date

  • Google+ Follow uSwitchTech
  • Subscribe to our RSS feed

Latest Comments

  • Moses Herve Johnson II 2 hours ago Mortgage holders shop around for... I'm a tenant(renter), I already(always, when possible) search for cheaper tariffs/deals that save me...
  • Paulstubb 2 weeks ago Britons' refusal to change... I left TalkTalk and paid extra elsewhere because their customer service is nonexistent. Absolutely awful.
  • Fennyuk 2 weeks ago TalkTalk offer discounts on... Using the television service as a loss leader! I'd rather have a reliable internet service and choose my...

Search news