LONDON: Virgin Media is planning to create 6,000 jobs as it has decided to invest £3 billion to expand its broadband network.
The company, owned by US firm Liberty Global, has described the five-year plan as the single biggest investment in broadband digital infrastructure in the UK for more than a decade.
It will extend its fibre network to around four million additional premises, taking the number of homes and business to which it can offer services to nearly 17 million by 2020.
The expansion is expected to create 6,000 jobs in the UK at Virgin Media and its construction partners. It will also increase its apprenticeships to 1,000 over the next five years.
The company said its network expansion will be prioritised according to demand from households and companies, with a focus on areas closest to Virgin Media’s existing network.
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