BT believes it will achieve its super-fast broadband goals a year earlier than expected, it has been revealed.
The firm – which is currently investing £2.5 billion upgrading its UK communications infrastructure – has given itself a deadline of 2015 to provide 40Mb broadband to two-thirds of the UK.
However, the broadband provider has announced plans to bring forward £300 million of planned investment and take on an additional 520 new engineers.
This means BT will be able to accelerate the ongoing rollout and achieve its fibre broadband coverage target by 2014.
At present, around six million homes are able to take advantage of fibre-optic broadband, a figure that should increase to ten million by the end of next year.
Ian Livingstone, BT's Chief Executive, said the current broadband project is one of the fastest anywhere in the world – and this is helping an increasing number of businesses and households take advantage of advanced web services.
"It is great to be ahead of what was an already challenging schedule," he stated.
BT is also planning to apply for government broadband funding, as the firm bids to extend its super-fast broadband network into more countryside areas.
Broadband Delivery UK recently allocated a share of the government's £530 million rural broadband fund to councils across the UK, and BT hopes to be actively involved in the deployment stage.
The firm has pledged to increase its own investment level if it is contracted to rollout fibre broadband on behalf of UK local authorities.
Jeremy Hunt, Secretary of State for Culture, Olympics, Media and Sport, commented that super-fast broadband is "essential" for achieving sustainable growth in the UK.
"It is vital that homes and businesses have access to it as soon as possible," he added.