--British telecoms company BT has lowered its target for the number of 'ultrafast' broadband lines by 2020 to 8.7 million from 10 million previously, reports the Financial Times.

-- Citing a letter to customers, the FT says BT now intends to upgrade 5.7 million copper lines, and install 3.0 million full fiber lines, in the period to 2020.

-- A spokesperson for BT's Openreach told the FT that full fiber upgrades are its current priority, and its ambition is to reach 10 million of such lines by the mid 2020s.

Full story: https://on.ft.com/2M4kpEZ

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

August 09, 2018 10:42 ET (14:42 GMT)

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