In order to create economic growth locally, a high speed broadband infrastructure was needed for Gateshead’s Baltic Business Quarter. But with private investors nervous of committing the funds, Gateshead Council took the bold decision to create its own state of the art network. But how could it justify the expense?
All regions can benefit from the efficiencies that broadband brings to a local economy, but often an instant return on investment is not possible, as the timeline for effects of the fiscal stimulus cannot be quantified.
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