BT CEO says: Labour's plan for free broadband may cost 100 bln pounds

Britain’s opposition Labour Party’s plans to nationalise parts of telecoms provider BT’s network and provide free full fibre broadband may cost more than 100 billion pounds ($127 billion), BT chief executive said. “These are very, very ambitious ideas and the Conservative Party have their own ambitious idea for full fibre for everyone by 2025 and how we do it is not straight forward,” Chief Executive Philip Jansen told the BBC. …read more

Source:: Yahoo Finance

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