{"id":8397,"date":"2015-01-03T07:54:48","date_gmt":"2015-01-03T07:54:48","guid":{"rendered":"http:\/\/www.ispreview.co.uk\/?p=8397"},"modified":"2015-01-03T07:54:48","modified_gmt":"2015-01-03T07:54:48","slug":"jt-warns-fibre-optic-broadband-rollout-delay-island-jersey","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2015\/01\/jt-warns-fibre-optic-broadband-rollout-delay-island-jersey.html","title":{"rendered":"JT Warns of Fibre Optic Broadband Rollout Delay for the Island of Jersey"},"content":{"rendered":"<p>The roll-out of a new 1Gbps capable Fibre-to-the-Home (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/ftth\">FTTH<\/a>) broadband ISP network on the English Channel Island of Jersey, which is being conducted by the state-owned <a href=\"http:\/\/www.jtglobal.com\/Jersey\/\" target=\"_blank\">JT Global<\/a> (Jersey Telecom), looks to be under threat after the local government (<a href=\"http:\/\/www.gov.je\/Pages\/default.aspx\" target=\"_blank\">States of Jersey<\/a>) requested a \u00a36m dividend from the Telco to help it plug a \u00a331m budget deficit for 2014 (rising to \u00a339m in 2015).<\/p>\n<p><!--more--><\/p>\n<p>The latest problem for the island community was first revealed during an early budget announcement in July 2014, which saw <strong>Senator Philip Ozouf<\/strong> confirm that income tax revenue was lower than forecast and spending had gone higher.<\/p>\n<p>Funnily enough we recall that Mr Ozouf had in 2013 been heralding the benefits of a small 1% reduction in the rate of income tax (26%) and at the same time he even outlined plans to use some of the islands \u00a3720m &#8220;<em>strategic reserve<\/em>&#8221; (government savings fund) to pay for a new hospital. So perhaps we shouldn&#8217;t be surprised that the deficit problem has returned.<\/p>\n<p>According to the <a href=\"http:\/\/www.bbc.co.uk\/news\/world-europe-jersey-30657997\" target=\"_blank\">BBC<\/a>, Jersey law effectively requires that the deficit be tackled before a budget can be presented to the states for debate and as such Mr Ozouf has been busy hunting for additional funds to help him plug the hole, part of which will come from asking state owned companies like JT for more money.<\/p>\n<p>The problem is that JT&#8217;s <strong>\u00a341m+<\/strong> <a href=\"http:\/\/www.gigabitjersey.com\/\" target=\"_blank\">Gigabit Isles<\/a> project, which is currently aiming to rollout <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/ftth\">FTTH<\/a> to around <strong>42,000 premises<\/strong> (990km of new fibre optic cable) by the end of 2016 (plus 5,000 on Guernsey), is part funded to the tune of <strong>\u00a319 million<\/strong> by the States of Jersey via a freeze on dividend payments. In other words, any move to take back money from JT will inevitably hit that effort.<\/p>\n<p>The latest data reveals that JT&#8217;s fibre optic network had already managed to connect <strong>11,000 customers<\/strong> to the new service, which is up from 10,000 in August 2014, 8,479 in June 2014 and 7,600 in March 2014. <strong>Graeme Millar<\/strong>, CEO of JT Global, has already warned that the lost funding would stop it from achieving the original 2016 completion target and the Telco is currently reviewing their future roll-out plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The roll-out of a new 1Gbps capable Fibre-to-the-Home (FTTH) broadband ISP network on the English Channel Island of Jersey, which is being conducted by the state-owned JT Global (Jersey Telecom), looks to be under threat after the local government (States of Jersey) requested a \u00a36m dividend from the Telco to help it plug a \u00a331m [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[425,52,65],"class_list":["post-8397","post","type-post","status-publish","format-standard","hentry","category-uk_isp_news","tag-channel-islands","tag-fibre-optic","tag-ftth"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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