William Eichler 13 September 2019

Full-fibre and 5G could boost council revenue by £10,000

Investing in full-fibre and 5G could increase a local authority’s revenue intake by £10,000, new research suggests.

A new report from the Broadband Stakeholder Group (BSG) has outlined the the localised economic benefits of full-fibre and 5G.

Written by Oxera on behalf of BSG, the study revealed that if local authorities invested in full-fibre and 5G, they could see an increase of up to 3.2% in new businesses operating in the area.

If reflected in business rates, the researchers calculated, a council could see an increase in gross revenue of over £10,000.

Existing businesses will also see an increase in productivity which should result in an expected increase in turnover of up to 3.8% per worker each year.

‘Full-fibre and 5G networks will bring technological and service quality improvements over previous generations of fixed and mobile networks,’ reads the report.

‘They will provide faster and more reliable connectivity, as well as a conduit for new applications and services that can take advantage of the technological improvements these new connections will bring.

‘These new services and applications will enable new and improved business practices and end-user services such that increased availability and take-up of full-fibre broadband and 5G will lead to positive outcomes for businesses, consumers, local government and wider society.’

BSG added that local authorities would be able to realise direct benefits by being able to implement ‘more innovative public service delivery’ whilst driving down costs, such as through increased cloud adoption.

SIGN UP
For your free daily news bulletin
Highways jobs

Part Time Finance Administrator

Essex County Council
Up to £25081.00 per annum + Pro Rata
Part Time Finance AdministratorPermanent, Part Time£25,081 per annum, full time equivalentLocation
Recuriter: Essex County Council

Senior Customer Services Adviser (Housing Repairs

Mansfield District Council
£28,598 - £33,699 per annum
Mansfield is a town of towns at the centre of things in Nottinghamshire - a place of many strong connections Mansfield, Nottinghamshire
Recuriter: Mansfield District Council

No Wrong Door Deputy Manager

North Yorkshire Council
From £47,181 up to £51,356 per annum pro rata
We’re looking for a passionate, driven, and dynamic professional to join our management team within our innovative No Wrong Door (NWD) service. Scarborough, North Yorkshire
Recuriter: North Yorkshire Council

Senior Resource Centre Worker

North Yorkshire Council
£34,434 - £38,220 per annum pro rata
You will work closely with families and other professionals to ensure that you have sound knowledge of the children you are caring for Morton on Swale, Northallerton
Recuriter: North Yorkshire Council

Social Worker

North Yorkshire Council
£38,220 - £42,839 per annum, pro rata
Our Family Assessment and Support Teams you will work with a range of children and their families, carers and networks. Selby, North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner