Virgin Media spending £3 billion on 'superfast' broadband in UK

LONDON — The UK has some of the slowest broadband speeds in Europe. It means Virgin Media's announcement Friday to invest heavily in the broadband infrastructure will be welcomed by anyone who has struggled to download a file or stream a movie.

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The company claims the £3 billion ($4.6 billion) announcement is the single largest investment in the UK's broadband infrastructure for more than 10 years

Over the next five years Virgin said it will improve its fibre optic broadband network, made up of strands of thin glass that carry information over long distances, bringing speeds of up to 152Mbps to four million more homes and businesses Read more...

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