VX Fiber Connected Britain Our Story 2021 - Flipbook - Page 7
1.2.3 Long Term Investment in the UK
VX Fiber is committed to long term investment in the UK as a full fibre, Active
Open Access neutral operator.
In the UK, where VX Fiber will be building its own network, it has a 10-year goal:
to be part of a multi-million fibre connections network, with a proportion being
its own fibre and the rest owned by its partners. This is an ambitious target, as
the market is currently 80%* slow copper, an ageing infrastructure that puts
the UK near-bottom of the list when it comes to providing full fibre broadband
networks in Europe.
However, in the face of current and future market demand, with increasing
trends fuelling that need, and combined with intensive efforts from the UK
Government and Industry to boost connectivity, there is a substantiated belief
amongst the VX Fiber Leadership Team that this ambitious goal is achievable.
*Connected Nations update: Summer 2021 (Ofcom)
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