May 25 2013 Latest news:
Thursday, September 20, 2012
London is to be awarded £25million to provide superfast broadband.
The money from the Department for Culture, Media and Sport (DCMS) follows a bid by London Mayor Boris Johnson for funding to increase connectivity onnectivity across East London and improve superfast broadband around Tech City in Shoreditch.
Mr Johnson’s Super Connected City Plan aims to attract high-tech investment to London and enable the city to compete with international rivals. It includes plans for greater wireless access in the Royal Docks and will take ultrafast broadband access to around an extra 92,000 residential and 17,200 business premises.
The Mayor said: “We have put forward an ambitious and innovative plan to provide crucial digital infrastructure improvements in London, which are essential if the capital is to attract investment and realise its full economic potential.
“I am delighted London has been awarded this major funding boost, which will build on the catalyst of the 2012 Games and put East London at the heart of future growth, helping to make it a world-wide digital hub, as well as improving Internet access for thousands of residents.”
The funding is the maximum amount London could have been awarded through the DCMS Superconnected City Fund.
The plans are due to be delivered by 2015.