British Telecom (BT) is planning to invest $3 billion in new fibre networks to launch 100 Mbps internet connections in the UK. BT will be offering the fibre network to other service providers at wholesale prices to ensure that the broadband market remains competitive. These wholesale buyers will be able to install their own fibre networks in BT’s “cabinets” ?? the way point between the main network and the last mile ?? just as they have done with copper. While 100 Mbps will only come with “fibre-to-the-kerb” connections, even with “fibre-to-the-cabinet” connections, users will get up to 60 Mbps. BT targets to have this network up and running in around 10 million homes by 2012.