- Veröffentlicht: 05. Mai 2020
It could mean more than £500 million to the city
Superfast full-fibre broadband will give Derby's economy a massive boost, a new study says.
The city could be set for an economic windfall of more than £500 million once the technology is installed.
Business Live reports that communications firm CityFibre will start work on the network upgrade this spring, despite the coronavirus lockdown.
According to the firm, the Government has classed CityFibre staff as key workers, meaning the work can go ahead as planned, while observing social distancing protocols.
Ahead of work commencing, an economic impact report, compiled by consultancy Regeneris, has estimated it could unlock £510 million for the city.
It examined how the economy is likely to benefit from near-universal full fibre connectivity, quantifying the impact in the city over a 15-year period.
It found Derby’s home owners and the wider property market can expect a boost of £70 million in real terms value, as access to reliable, high-speed broadband becomes ever-more critical to house buyers.
Smart City initiatives including home automation technologies, smart energy networks and intelligent transportation systems could add as much as £69 million locally too.
Digital enhancements in the delivery of healthcare services could also be worth around £14 million.
And access to gigabit-speed full fibre connectivity could unlock £39 million in business productivity and innovation.
Derby already has an established reputation in advanced manufacturing and engineering and the Regeneris research shows start-up growth could be boosted to the value of £21 million.
Increased ability for companies to support flexible working could also add £19 million in value, by reducing barriers to work as well as improving employees’ work-life balance, motivation and retention.
Simon Hooton, director at Regeneris, said:“Full fibre will provide the core infrastructure required to kick start the next generation of digital technology and drive the expansion of smart infrastructure in towns and cities.
“The result will be a modernised, more productive and innovative UK economy.”
CityFibre is already working with launch partner Vodafone to deliver next-generation broadband services, and TalkTalk is expected to join the network soon.
Dominika Walker, CityFibre’s city manager for Derby, said: “With a new full fibre network being built beneath its streets, Derby is a forerunner of digital transformation in the UK.
“This report demonstrates that the city is set to enjoy huge economic benefits as a result of this roll-out.
“This is about more than just broadband, it is about the digital infrastructure set to power our economy for decades to come.”
Autor(en)/Author(s): Robin Johnson
Quelle/Source: Derbyshire Live, 28.04.2020