A sensible proposal!
Virgin Media is already introducing broadband at up to 50Mb per second – 10 times faster than the average connection – across its cable network, which covers half the UK. Caio said such moves proved competition, not intervention, was the way to go.
The market was changing so fast – wireless networks today can offer faster broadband speeds than were possible over a fixed-line connection 10 years ago – that the government should keep an open mind on what technology is used.
"My recommendation to the government is don\’t commit to anything today because the technology is changing," he said. "You might find yourself having committed a lot for something that could have been done by the market."