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CityFibre believes its £40 million full-fibre broadband deployment in Milton Keynes will drive up property values in the area.

The provider estimates its infrastructure investment will result in £119 million being added to the value of local homes, as access to reliable, high-speed broadband is becoming "ever-more critical" to buyers.

CityFibre is carrying out the work as part of its strategic partnership with Vodafone, which aims to provide ultrafast full-fibre broadband to at least a million homes and businesses by 2021.

Separate deployments in Peterborough, Aberdeen, Coventry, Edinburgh, Huddersfield and Stirling have already been confirmed.

Jean Gowin, CityFibre’s City Development Manager for Milton Keynes, commented: "Full-fibre connectivity is a real enabler for technology; it allows us to do things smarter, faster and more efficiently."

For instance, she said the technology allows HD movies to be downloaded in just 8.5 minutes rather than six hours, while content can be streamed almost instantly with less buffer time.

Furthermore, Ms Gowin stated that full-fibre broadband can help people stay connected with friends, families and colleagues living in different towns and countries.

She went on to note that improved connectivity could pave the way for greater adoption of Internet of Things-based technology, with more people benefiting from smart energy networks, home automation technologies and intelligent transportation systems.

Ms Gowin added that access to full-fibre connectivity in Milton Keynes could unlock £57 million in business productivity, and a further £62 million in innovation by enabling local businesses to enhance their customer and employee experience.

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