Telecommunications: Finance
(asked on 13th December 2016) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to table 2.1, line 10 of the Autumn Statement 2016, how the funding for telecoms will be allocated across the UK; and if he will make a statement.
This question was answered on 16th December 2016
The Autumn Statement 2016 announced over £1 billion to be invested in digital communications. This includes £400 million for a new Digital Infrastructure Investment Fund, with investment decisions to be made by an independent fund manager on a commercial basis. Details about how local areas can access funding for 5G trials and local fibre rollout will be set out in due course.