Today it was announced that BT will use European Regional Development funding to roll out its super-fast broadband network to 80-90% homes and businesses in Cornwall and the isles of Scilly.
Ovum analyst Mark Giles said: “This project will provide BT with a blueprint and valuable experience of rolling out its super-fast broadband network in more challenging rural locations. It is also a clear example of how to bridge the gap between private and public funding.
“However, with Wales the only other region in the UK that qualifies for European funding, many other rural regions in the UK will be jealously looking on at a time when regional development agencies are being wound up, and uncertainty remains over the remit of their local economic partnership replacements.”