A new report has shown that BT’s investment in its super-fast broadband in the Wiltshire area could create thousands of new jobs over the course of the next 15 years. Produced by Regeneris Consulting, the report predicts that the high-speed technology will also be capable of contributing hundreds of millions of pounds towards the local economy.
The high-speed broadband will effectively allow companies to operate more effectively, which will result in a better ability to develop new products and services which will make it easier for new businesses to start up with the help of the use of innovations such as ‘cloud computing.’
According to the report, a typical town such as Swindon could see their local economy boosted by as much as £143 million over the next 15 years and see 225 new jobs created and 140 new start-up businesses launched.
The high-speed technology could also lead to a rapid increase in home and flexible working.
The rollout of BT’s £2.5 billion super-fast broadband has already brought the technology to almost 700,000 businesses homes in the South West with this figure expected to hit almost 1.25 million by as early as spring of 2013.
Speaking about the report, a regional director for BT said, “This report demonstrates the great benefits that BT’s activities, including its major investment in super-fast broadband, are delivering for Bristol and will continue to deliver in the years to come. BT is playing a vital role in the prosperity and well-being of the county from the massive economic boost provided by our activities to the 9,000 hours of volunteering activity carried out by BT’s people right across the South West.”