Michael Armitage Broadway Partners - transform digital investment panel

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Hand Up for Broadband DELIVERING 100% SUPERFAST BROADBAND

description

Transform Digital Conference 08-05-2014

Transcript of Michael Armitage Broadway Partners - transform digital investment panel

Page 1: Michael Armitage  Broadway Partners - transform digital investment panel

Hand Up for BroadbandDELIVERING 100% SUPERFAST BROADBAND

Page 2: Michael Armitage  Broadway Partners - transform digital investment panel

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

Page 3: Michael Armitage  Broadway Partners - transform digital investment panel

A Hand Up, Not a Hand Out

Sharing the investment and the returns

Using multiple sources of finance

Aligning interests

Page 4: Michael Armitage  Broadway Partners - transform digital investment panel

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

Page 5: Michael Armitage  Broadway Partners - transform digital investment panel

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

Page 6: Michael Armitage  Broadway Partners - transform digital investment panel

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)

Page 7: Michael Armitage  Broadway Partners - transform digital investment panel

Hands Up for BroadbandDELIVERING 100% SUPERFAST BROADBAND