What you need to know about the UK’s new superfast superfast broadband service

The Government is looking to build a superfast internet service that could reach 1.6 million homes and businesses by 2020, as part of a wider plan to extend its network of high-speed broadband networks.

Its £1.6bn Superfast Broadband Plan, unveiled on Wednesday, is intended to create a network of over 400 fibre-optic cables from all the UKs major cities to cities and towns in England, Wales and Scotland.

It is also intended to expand fibre-to-the-home in areas where existing broadband infrastructure is limited or unavailable, in an effort to reach more people and to cut down on congestion in the region.

The government said it will invest £1bn over four years to deliver the service, which is meant to be a joint venture between Virgin Media, TalkTalk, EE, Vodafone, Sky and BT.

But the plans could also expand to other regions as the UK continues to roll out its network.

UK internet speeds could rise by at least one-third over the next 10 years, according to a recent study by consultancy firm iSpeed.

That is due to the rapid rollout of fibre-based communications technology in many areas.

In addition, the UK has been building a new super-fast broadband network called the National Broadband Network.

“These new investments will help us achieve our ambition to reach 1 million homes by 2020,” Communications Minister James Brokenshire said.

Britain’s broadband rollout has been slowed by a lack of investment in infrastructure and competition from rivals, but the Government is hoping the Superfast broadband plan will help to boost its overall performance.

Read more about the new super fast internet service: Read the full story from the BBC.