Michael Armitage Broadway Partners - transform digital investment panel

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Transform Digital Conference 08-05-2014 …

Transform Digital Conference 08-05-2014

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  • 1. Hand Up for Broadband DELIVERING 100% SUPERFAST BROADBAND
  • 2. Two Observations First, the wider socioeconomic and societal benefits of 100% Superfast Broadband are much greater than the consumer’s preparedness to pay Second, a fit-for-21st Century- purpose network deserves a 21st Century solution Conclusion: a new model for partnership between Local Authorities and the private sector is needed… …and the SEP provides a catalyst for this to happen. Source: AD Little
  • 3. A Hand Up, Not a Hand Out Sharing the investment and the returns Using multiple sources of finance Aligning interests
  • 4. A Hand Up, Not a Hand Out Sharing the investment and the returns Using multiple sources of finance Aligning interests Commercial imperative, not subsidy dependence
  • 5. A Hand Up, Not a Hand Out Sharing the investment and the returns Using multiple sources of finance Aligning interests Commercial imperative, not subsidy dependence Greenfield solutions New cloud-based platforms
  • 6. The Benefits? Significant economic & societal benefits Plus, a financial return for Local Authorities And an attractive return for Investors BDUK (£1.6m) Investors (£3.2m+) LA match (£1.6m)
  • 7. Hands Up for Broadband DELIVERING 100% SUPERFAST BROADBAND