Reply to post: BDUK - cheap capital for BT

Government calls for ideas on how to splash £400m on fibre

Mike Pellatt

BDUK - cheap capital for BT

When the BDUK scheme turned out to be funding no-one but BT, I said then that all it was doing was subsidising BT's infrastructure investment that they should have been carrying out anyway to maximise shareholder returns.

The fact that 25% of our money that was given to them is now being returned because, errr, take-up was grater than BT "estimated" just goes to prove this. It really has been a shocking waste of our money.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019