{"id":463,"date":"2022-10-01T09:00:00","date_gmt":"2022-10-01T08:00:00","guid":{"rendered":"https:\/\/www.broadbandmarket.com\/news\/?p=463"},"modified":"2023-12-05T16:34:09","modified_gmt":"2023-12-05T16:34:09","slug":"full-fibre-economic-boost-for-sunderland-by-cityfibre","status":"publish","type":"post","link":"https:\/\/www.broadbandmarket.com\/news\/full-fibre-economic-boost-for-sunderland-by-cityfibre\/","title":{"rendered":"Full fibre Economic Boost for Sunderland by CityFibre"},"content":{"rendered":"\n<p>A new report commissioned by CityFibre, the UK&#8217;s largest independent full fibre platform, has revealed that Sunderland will reap major benefits from the rollout of future-proof full fibre infrastructure, which is now well underway across the city. The study Consultancy firm Hatch (Economic Impact of Full fibre Infrastructure from CityFibre&#8217;s Network) estimates that the positive impact of CityFibre&#8217;s \u00a362m investment in Sunderland will include \u00a3441m in productivity and innovation gains, \u00a397m over 15 years an expanded workforce, 30 million in efficiency savings in local government and 226 in increased housing value.<\/p>\n\n\n\n<p>Technological benefits are also a focus of the report, which shows that the CityFibres network in Sunderland will help generate \u00a31 billion in gross value added from 5G services, \u00a3395 million from the Internet of Things and \u00a3186 million from smart city initiatives such as intelligent traffic management systems and street lighting.<\/p>\n\n\n\n<p>The ongoing transition to working from home and flexible working, supported by full fibre access at home and in the office, is also opening up access for employers to a larger pool of workers. In Sunderland, the productivity gain from flexible work is estimated at over 25 million.<\/p>\n\n\n\n<p>The UK will benefit from over \u00a338 billion in potential economic benefits. This is due to the positive effect that much faster and more reliable digital connectivity has been proven to have on business productivity and innovation, increasing sales and helping to create new companies and business models.<\/p>\n\n\n\n<p>62 million investments in the city&#8217;s brand new network will be created for both businesses and Sunderland residents.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>A new report commissioned by CityFibre, the UK&#8217;s largest independent full fibre [&hellip;]<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_excerpt --><!-- AddThis Share Buttons generic via filter on the_excerpt -->","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[19,6],"tags":[],"class_list":["post-463","post","type-post","status-publish","format-standard","hentry","category-archived-broadband-market-news","category-isp-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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