Coventry residents and their neighbouring businesses are a step closer to accessing next-generation full fibre connectivity for the very first time.
CityFibre has now started construction work to extend its state-of-the-art infrastructure throughout the city.
This latest phase of development is part of CityFibre’s national Fibre-to-the-Premises (FTTP) project to bring full fibre to up to one million UK premises by 2021 and is being delivered in partnership with Vodafone.
The construction project will trial partial aerial deployment as well as involve some digging, with Longford, Upper Stoke and Foleshill set to be the first wards to benefit from the roll-out.
Coventry is among the first cities in the UK to be named as part of CityFibre’s FTTP programme, with the £60m private investment set to deliver digital transformation for businesses and residents in the city.
Commercial and residential sites will be able to access gigabit speed internet services, which will aid flexible and remote working with seamless file sharing and reliable cloud access – as well as crystal clear video calling, streaming and download services.
A study by economic consultancy Regeneris examined the economic impact of full fibre connectivity in Coventry over the next 15 years and the results were astounding.
According to researchers, local homes could increase in value by £101m and another £77m could be added through areas such as smart energy networks and intelligent transport systems. Local businesses could unlock £57m through new products, online services and marketing, and another £26m through the benefits of flexible working.
New businesses starting up could create an additional £29m and work on creating the network adds another £36m in economic growth.
The start of the new build complements the appointment of Leigh Hunt as Coventry’s City Development Manager
Leigh said: “We’re at a really exciting stage of our fibre-to-the-premises roll out in Coventry as the build work gets underway. This investment comes at a key time for the city and the £60m investment from CityFibre will be transformational for residents and businesses alike.
"With the advent of high speed, full fibre broadband, residents of Coventry will be able to enjoy and take advantage of a range of possibilities.”
Cllr Richard Brown Chair of the Audit and Procurement Committee, added: “We are all well aware of the importance of effective communications.
"People buying or renting a new home, and new starter businesses will weigh up a list of factors when considering where to locate, and the quality of digital communications is crucial.
"This will benefit households and will further retain businesses in Coventry.”