As BT prepares to go toe-to-toe with Sky, the company has revealed that profits are up and over 1.5 million people are using its superfast fibre broadband. In today’s financial results, BT also confirms it spent £200m on 4G.
BT’s superfast Infinity service uses fibre optic cable and promises speeds of up to 76Mbps. With 1.5 million people already using the service, BT plans to increase that number by offering new free sport.
BT announced three BT Sport channels yesterday, including live high definition Premier League and European football. In a bold challenge to Sky’s stranglehold on sporting action, BT Sport channels will be free to BT broadband customers.
In the recent 4G auction, all the major phone networks bought the airwaves sold off by the government to carry 4G LTE signals to phones and tablets. Unlike the bonanza that was the 3G auction, the 4G bidding was more measured, and in fact the final amount raised well over a billion quid short of government projections.
BT was a surprise bidder in the auction, and is reported to be planning a partnership with an established mobile network to launch an LTE service. O2 –which used to be a part of BT — is reported to be the frontrunner to team up with BT.
Should BT start a 4G network, you’ll be able to enjoy the Web by switching between the BT LTE and the existing network of Wi-Fi hotspots, which are free to anyone with BT home broadband services.
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