Liberty Global, the company that owns Virgin Media, is reported to be working on plans to set up a new firm to deliver full-fibre broadband to rural areas and smaller towns. The project, which sources told the FT is at an "early stage", would invest billions of pounds to build a fibre-to-the-premises (FTTP) network to rival Openreach's, allowing other broadband providers to use it. At present, Virgin Media's Project Lightning prioritises its up-to-500Mbps cable network in wealthier urban areas, allowing them to cover over half of all premises across the UK.
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