Connectivity channel drives £74bn economic boost

Research by Virgin Media Business and the Centre for Economics and Business Research (Cebr) suggests that investment in technology could provide a £74bn boost to the UK economy in 2025, providing a ‘once-in-a-generation’ opportunity for resellers according to Virgin Media Business Wholesale MD Mike Hallam. 

“The connectivity channel will help drive digital transformation forward," he said.

”The research shows there is an opportunity to be grasped – a once-in-a-generation moment to boost our private and public sectors.
The research highlights the economic benefits of increasing efficiency in the public sector and boosting productivity for home workers, suggesting this will lift UK GDP up by £232bn by 2040.
Hallam added: “Wholesale partners will be central to supplying the digital infrastructure, flexible and agile networks needed to support remote working and online customer demand, as well as the backhaul connectivity which is crucial to the 5G roll out.”

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