Future of UK Broadband Unclear Until Elections
Posted by admin on 21 Dec 2009 | Tagged as: Better Telecommunication, Ultimate Consumer, Universe Of Technology
The upcoming general elections in the
The Broadband Stakeholders’ Group (BSG) came out with these views ahead of the elections next year even as the current Labour party goes ahead with its Digital Britain initiatives in order to bring high-speed broadband to every netizen in the
The Labour party’s target is to enable each household with a minimum of 2Mb broadband by 2012. This industry centric approach is boosting the fortunes of the broadband industry now, with major market players enjoying the focus and attention and with enhancements in infrastructure being planned.
The Conservative approach is quite different from this. This party has already made its views clear about the broadband initiatives. It has declared that broadband is not a top agenda for the party and that bringing of broadband to every home will not be emphasized by it if it comes to power. The Conservative approach is more market centric.
Given these diametrically opposing viewpoints, the final fate of the broadband industry is uncertain, as both parties make feverish bids to capture the votes in the elections. Unfortunately, this uncertainty is making investors very wary of entering the market now. Investments in the broadband industry will be dipping until the elections conclude, the BSG warns, and the situation will be worse if the elections end with a hung parliament.
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