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Guardian

Guardian

BT pockets £105m in first ever recycling deal for surplus copper cables

Guardian
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BT has received 105 m as an upfront prepayment for the sale of surplus copper cables.

The 105 m transaction is the first of its kind.

The telecoms company has struck a deal with a recycling company and received the sum.

It is replacing old copper cables in a 15bn rollout of high-speed full-fibre broadband to 25 m homes.