Broadband: Finance

HM Treasury written question – answered on 19th September 2016.

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Photo of Lord Allen of Kensington Lord Allen of Kensington Labour

To ask Her Majesty’s Government how many proposals they have received from prospective fund managers in response to the Infrastructure and Projects Authority competition for a commercial partner for its proposed Broadband Investment Fund, and when they plan to announce the successful bidder.

Photo of Lord O'Neill of Gatley Lord O'Neill of Gatley The Commercial Secretary to the Treasury

The Infrastructure and Projects Authority has received seven proposals from prospective commercial partners for the proposed Broadband Investment Fund. Officials are currently evaluating the proposals and carrying out due diligence. The government will announce a decision in due course.

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