Wales will receive a significant portion of the Government’s £530 million broadband fund, Secretary of State for Culture, Olympics, Media and Sport Jeremy Hunt announced today.
Wales is set to get £56.9 million of the fund and matching the investment would enable the Welsh Government to provide superfast broadband to 90 per cent of homes and businesses and everyone with at least 2Mbps internet.
Hunt said: “Superfast broadband is essential if businesses are to grow and create new jobs. It is increasingly important for the way we deliver public services and to our everyday lives.
“But some areas of the UK are being left behind. Many rural and hard-to-reach communities do not have decent broadband access. We must ensure the whole country can join the digital age.
“We are investing £56.9 million to help take broadband to the whole of Wales. If the Welsh Government matches our investment, 90 per cent of the country’s homes and businesses will have access to superfast broadband.”
Each country’s allocation is based on the cost of taking superfast broadband to premises that wouldn’t get it from the market alone, rather than population size.
The Government’s goal is to ensure everyone in the UK has access to at least 2Mbps broadband, with – as per Wales, above – 90 per cent getting superfast broadband.