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BT FTTx Boosts Cornish SMEs

LONDON -- Cornwall’s new fibre broadband network has now passed 206,000 homes and businesses – 82 per cent of the Duchy – making it one of the best connected areas in Britain and the best connected rural region in Europe. Meanwhile new independent research, published today by SERIO at Plymouth University and Buckman Associates1, show that the network is already providing a major economic boost to SMEs in the region.

Early indications from the study – which is the first of its kind to explore the economic impact of fibre broadband on British SMEs – found that after 12 months, 83 per cent of them were saving time and money thanks to the faster speeds and innovative services that fibre broadband enables.

In fact, six out of every ten (58 per cent) SMEs surveyed said their business is growing because of the new technology, whilst more than a quarter (26 per cent) have either created or safeguarded jobs as a direct result of the efficiency and innovation that superfast broadband encourages.

As well as the reported increase in jobs and revenues, over a third of businesses completing the survey (37.5%) reported that superfast broadband had helped their business to generate new sales, with a quarter (24 per cent) of that group pointing to new trade overseas.

BT Group plc (NYSE: BT; London: BTA)

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