Following yesterday’s Spring Statement by the Chancellor of the Exchequer, Philip Hammond, it was confirmed the Isle of Wight will benefit from an extra £800,000 as part of the £190m national Local Full Fibre Network (LFFN) scheme.
With aspirations for the Isle of Wight to become a Gigabit Island by 2021, this will be welcome news for the Isle of Wight council and Wightfibre who are managing the roll-out.
The aim of the LFFN challenge fund is to stimulate commercial investment in “gigabit capable” broadband networks. The Isle of Wight joins other authorities around the country
| Authority | Amount |
|---|---|
| Rutland | £2.0 million |
| Isle of Wight | £0.8 million |
| Shetland Islands | £2.0 million |
| Norfolk | £8.0 million |
| South Essex | £4.5 million |
| North Wales | £8.0 million |
| Stoke-on-Trent | £9.2 million |
| Northern Ireland | £15.0 million |
See the Spring Statement in full.
Thanks to Dan for the heads-up
Source: ISPreview
