UK to put up £1BN for full fiber broadband and 5G, £400M extra for VC

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Various denominations of pound notes are seen in this arranged photograph in London, U.K., on Thursday, May 17, 2012. U.K. Prime Minister David Cameron plans to say today he won't swerve from his austerity plan, warning members of the European single currency that failure to resolve their problems carry "huge risks for everybody." Photographer: Chris Ratcliffe/Bloomberg via Getty Images& The UK authorities has confirmed it is going to be borrowing to attempt to encourage funding in excessive velocity fiber broadband networks and 5G know-how — with a plan to spend over £1BN by 2020-2021 to bolster the nation’s digital infrastructure. Read More

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