The government has stressed its commitment to encouraging private sector providers to increase their rollout of fibre broadband.
Ministers have already offered to provide the digital sector with a £60 million tax boost to make it easier for firms to lay fibre broadband cables.
Since telecoms networks currently pay business rates on the fibre infrastructure required to deliver high-quality broadband and mobile connectivity to homes and businesses, the government wants to give them a tax break for up to five years on the infrastructure they deploy to provide full-fibre broadband.
The measure would save them around £60 million, which could be reinvested in fibre deployment.
Matt Hancock, the Digital Minister, commented: "We want to create an attractive environment for private sector providers to increase their rollout of fibre connectivity.
"This measure will support all providers who deploy new fibre, increasing competition and helping the roll out of 5G."
However, Mr Hancock said the government is keen to make sure these measures are as effective as possible.
As a result, it is launching a consultation on the detail of the regulations and is inviting stakeholders to air their views.
"Full-fibre is the gold standard for fixed broadband connectivity," Mr Hancock continued.
"It will ensure our digital infrastructure supports the UK’s world-class digital economy."
Mr Hancock added that the government has created a £1.1 billion package of measures to support market delivery of digital networks underpinned by full-fibre, including £200 million to support local bodies in the rollout of full-fibre networks in their area.
Furthermore, he noted that it recently launched a £400 million investment fund that provides finance for network providers to match in their fibre investments.