According to Ofcom, there are around 600,000 homes and businesses in the UK without access to broadband speeds above 10Mbps. For those suffering with these glacial download speeds, the 2030 deadline will come as a harsh blow.
The budget set by the Government to achieve nationwide 1Gbps coverage – £5 billion – remains. In his November 2020 Spending Review, Chancellor Rishi Sunak confirmed that just £1.2bn of this budget would be made available before 2024.
Virgin Media O2 currently boasts the biggest gigabit-capable broadband network in the country, with more than 15.5 million households able to access these next-generation speeds. With average download speeds topping 1,130Mbps, Virgin Media’s Gig1 connections are roughly 16x faster than the average home broadband in the UK, which was recorded at around 70Mbps last year.
BT-owned Openreach, which manages the infrastructure for BT, EE, Sky, TalkTalk, and dozens of other internet suppliers, has connected around 6.5 million homes to gigabit-capable broadband, with ambitions to reach 25 million premises by December 2026.