The British Chancellor of the Exchequer Philip Hammond claimed that full fiber access will reach 15 million homes by 2025,Hammond gave a speech at the 2018 CBI annual dinner, emphasizing that the government has reached agreement with the industry on some necessary conditions.
Hammond said: “We must embrace digital technology and ensure that the UK is always at the forefront of the technological revolution. We must invest in the skills and training to the next generation to ensure that the next generation can prepare for future economic forms. We must establish world-class infrastructure and invest in R&D ,Only in this way can Britain ensure its leadership in global competition.”
Hammond emphasized that the infrastructure for the future development is Britain's strongest assurance of being the forefront in the world. Hammond suggested: “This is why infrastructure is the core of our plan. In the 18th century, the canal was the core of economic growth; in the 19th century, the railway dominated development; in the 20th century, highways and expressway dominated the economy. In the 21st century, The optical fiber network will become an important infrastructure to promote economic growth."
Hammond pointed out: “95% users in the UK have connected ultra-fast broadband networks. But we must go even further. All-fiber networks are faster, more reliable and have lower operating costs than previous copper lines. In the past 18 months more than one million buildings have already reached an all-fiber connection, accounting for 70% of the total.
"If we want to achieve a high-speed economic ambition and eventually catch up with our competitors, then we need to make some changes in the way we implement it. So I'm going to set a new goal now, that is, before 2025, provides full fiber connectivity for 15 million homes (mostly home and business locations)."
Hammond also admitted that it is difficult to achieve this goal, requiring the industry to increase the number of connections more than 2 million per year in the next seven years.
Hammond emphasized: "We will not implement this vision under the government’s order. We will achieve this goal by creating conditions for the market, and we will use the government's tool functions to ensure our goals can be achieved. Through this step, We will achieve nationwide all-fiber access coverage by 2033."
Hammond suggested: “Using both coaxial and fiber networks at the same time will create uncertainty that will not benefit consumers or the industry, so we must consider the issue of network transitions and how we can improve industrial incentive policies. It will enable users to transition from old networks to fiber networks. DCMS (Demand Chain Management System) secretary Matt Hancock will develop details of this strategic plan at this summer's 'Future Telecommunications Infrastructure Workshop'."