The Government and BT have agreed on a £48 million deal to give businesses in Northern Ireland greater access to high speed broadband.
The investment will allow BT to upgrade up to 166 existing exchanges with new high speed fibre optic cables over the next 18 months. £18 million is available through funds associated with DETI and the Department of Agriculture and Rural Development. BT is investing £30m. The technology will benefit both urban and rural areas. The investment is considered to be hugely significant and could indirectly create up to 1,000 new jobs per year.
DETI said that businesses in urban areas should receive a minimum downstream speed of 10Mbs and businesses in rural areas 2Mbs. This will be very welcome to both farmers and rural householders.