BT CEO says Labour’s plan at no cost broadband could value £100 billion

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LONDON (Information) – Britain’s opposition Labour Celebration’s plans to nationalize elements of telecoms supplier BT’s community and supply free full fiber broadband could value greater than 100 billion kilos ($127 billion), BT chief government stated.

“These are very, very formidable concepts and the Conservative Celebration have their very own formidable thought for full fiber for everybody by 2025 and the way we do it’s not straight ahead,” Chief Government Philip Jansen informed the BBC.

“It wants funding, it is extremely huge numbers, so we’re speaking 30 to 40 billion kilos.. and if you’re giving it away over an eight 12 months time-frame it’s a one other 30 or 40 billion kilos. You aren’t wanting 100 billion kilos.”

Reporting by Andrew MacAskill