Telecoms company to benefit from soaring prices for recycled metal recovered from full-fibre broadband rollout
BT is on track for an estimated £2bn-plus windfall over the next decade from selling off old copper cabling, as it cashes in on soaring prices amid the AI market frenzy and switches the UK’s network to full-fibre broadband.
Copper is one of the main beneficiaries of the “electrification of everything”, essential for the rapid growth of AI datacentres, electronics and the fast-growing renewable energy industry.
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This article was originally published by The Guardian and written by Mark Sweney.
Read original article on The Guardian