BT's fiber broadband customers reached the 1.9 million mark, up 14 percent, after adding 228,000 net retail customers in its third quarter. The telco now passes over 18 million U.K. premises with its fiber-based broadband network.
BT is so bullish on fiber-based broadband that it plans to spend $82.5 million to make the service available to 400,000 additional premises in more than 30 cities over the next three years.
BT has dipped into the financial services industry by naming financial industry veteran executive Joe Garner as the new CEO of Openreach.
Liv Garfield, CEO of BT Openreach, will leave the UK incumbent telco this spring after nearly three years on the job. She will take the CEO post at Severn Trent.
BT Openreach on Monday launched a plan to add up to 250 engineers, particularly "Armed Forces leavers," or people who are in the process of leaving the military, to its fiber broadband workforce.
TalkTalk Business, the UK-based competitive provider's business services unit, on Monday announced it will begin offering its "SuperFast Broadband" service to local business, delivering up 80/20 Mbps of bandwidth to UK businesses.
BT Openreach on Tuesday announced plans to extend its hybrid copper/fiber Fiber to the Cabinet service to an additional 163 telephone exchange areas in the United Kingdom next year.
Openreach, the unit of BT that provides last mile access to BT Retail and other competitive providers, on Friday said it is going to hire 400 new engineers as it ramps up its fiber-based broadband network build out.
BT Openreach has formally debuted its set of Fiber to the Premises (FTTP) whole services, enabling competitive providers to higher speed fiber-based broadband services to their respective customer bases.
BT Openreach (NYSE: BT) has picked rural Deddington in Oxfordshire, UK as the site for its Fibre-Only Exchange (FOX) pilot, an initiative that replaces all existing copper with fiber. Construction on