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The Guardian

BT pockets £105m in first ever recycling deal for surplus copper cables

The Guardian by wa-news on The Guardian 7 views

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Telecom has so far extracted 3,300 tonnes of potential 200,000 tonnes of cables amid £15bn rollout of full-fibre broadbandBT has received £105m as an upfront prepayment for the sale of surplus copper cables from its old network which it is replacing in a £15bn rollout of high-speed full-fibre broadband to 25m homes in one of the UK’s biggest private national infrastructure programmes.The telecoms company has struck a deal with a recycling company and received the sum after entering into a forward agreement to sell copper granules created from surplus copper cables which are being replaced by its new full-fibre network. The £105m transaction is the first of its kind. Continue reading…

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Source link : https://www.theguardian.com/business/2024/sep/29/bt-recycling-deal-surplus-copper-cables

Author : Jane Croft

Publish date : 2024-09-29 17:11:40

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Tags : The Guardian

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