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The BBC is to contribute £300 million to the rollout of faster broadband services in the UK, it has been announced.

Money is to be made available from the licence fee over the next two years, helping to fund the deployment of high-speed broadband in rural areas.

The BBC Trust has confirmed it will hand over £150 million to the Department for Culture, Media and Sport in 2015-16 and 2016-17.

"Starting in April 2015, the BBC will pay the Department of Culture, Media and Sport £12.5 million a month for two years," the broadcaster said in a post on its Ariel blog.

In return, the BBC Trust will gain a seat on the Broadband Portfolio Board.

The BBC will also take over the cost of the World Service channel, which is currently funded by the Foreign Office.

The government has set aside £530 million for the rollout of high-speed broadband services in the countryside - money which has been allocated to local authorities by Broadband Delivery UK.

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