Costs fell, BT decided to go it alone on fibre construction.

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BT said it had opted not to bring in a partner to assist fund fibre to an additional 5 million locations since the business could invest all of the money itself due to lower construction costs and robust demand.

“The great news is we can afford to do it ourselves,” Chief executive Philip Jansen told reporters after the company’s first-half results.

“With FTTP (fibre to the premises) build costs coming down and take-up ahead of expectations, we think the best decision for shareholders is to retain 100% of the project and its returns.”

Story by : Norvisi Mawunyegah