Telecoms firm has so far extracted 3,300 tonnes of potential 200,000 tonnes of cables amid £15bn rollout of full-fibre broadband
BT 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 that are being replaced by its new full-fibre network. The £105m transaction is the first of its kind.
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