Openreach response to BT Group PLC Full Year Results to March 2021

Statement from Openreach in response to BT Group PLC Full Year Results to March 2021 (07:00am, Thursday 13 May)

Clive Selley, CEO, Openreach said:

“We’re proud that BT Group is increasing its ambition for Openreach.

“We’ve already proven that we can build ultrafast and ultra-reliable Full Fibre broadband to millions of homes and businesses at pace, and without compromising on quality.

"We’re also encouraged by the demand we’re seeing - having just connected our one millionth customer. Allied to our experience and innovation in scaling up the build, this gives us confidence that we can reach 25 million premises by December 2026 at world-class cost points.

“Research shows how Full Fibre can make us more productive, competitive and green as a nation, and it can enable a million people to return to the workforce, helping to level up the UK.

“So we believe the time is right to capitalise on that potential and, having made this technology available to 4.6m premises already, we expect to reach a peak build rate of four million premises a year.

“It’s all systems go for a Full Fibre future here at Openreach.”

For more information, please visit the link here: Results for the full year to 31 March 2021 (bt.com)