TELECOMMUNICATIONS giant BT says it is going to create thousands of jobs during the next 15 years with its investment in super-fast broadband.
In a report by Regeneris Consulting, the firm predicts high-speed technology is capable of contributing hundreds of millions of pounds to the local economy.
It will allow existing firms to operate more efficiently and to develop new products and services and make it easier for new businesses to get started through increasing use of innovations, such as cloud computing.
The report predicts that over the next 15 years BT’s super-fast broadband investment could give the economy of a typical town a £143m boost, create 225 new jobs and 140 new start-up businesses, while for a typical city the figures are expected to be £296m, around 430 new jobs and 320 business start-ups.
John Weaver, BT’s south east regional director, said: ‘This report demonstrates the great benefits that BT’s activities, including its major investment in super-fast broadband, are delivering for Hampshire and will continue to deliver in the years to come.’