The government has launched a new review of the UK’s telecoms markets in order to establish how it can best support investment in future connectivity.
According to the Department for Digital, Culture, Media and Sport (DCMS), which is leading the project, the Future Telecoms Infrastructure Review will explore what makes investment in full fibre and 5G networks attractive. It aims to establish what, if anything, the government can do to promote the right conditions to achieve widespread coverage.
The government said the review will underpin its strategy to position itself as a world leader in connectivity in the next few decades, which should have the resulting effect of raising productivity and creating the balanced economy of the future.
Its objective is to create the necessary conditions for ultrafast, reliable, long-lasting connectivity that is widely available to UK businesses and homes.
Matt Hancock, minister of state for digital, said: “[The] government has already committed more than £1 billion to supporting a business case for investment in full fibre and 5G networks through investment programmes and initiatives like our Barrier Busting Task Force.
“We’d like to build on what has been achieved so far, by removing future barriers before they arise, and ensuring that market and policy conditions are as good as they can be to maximise investment in new technologies.”
The team leading the review will take into consideration the types of competition that different parts of the telecoms market in various regions of the UK can support, with implications for the level and composition of investment.
According to the DCMS, it will be seeking a wide range of evidence, including from across industry and the investor community. It said it will shortly be issuing a call for evidence.
The government will publish a report in the summer of 2018 that will identify the options available to promote an attractive and stable environment for investment.