Members of the Lords, including the CEO of the TalkTalk Telecom group, discussed the key principles and purpose of the Telecommunications Infrastructure (Relief from Non-Domestic Rates) Bill during second reading, on 9 October 2017.
Members discussed the key points raised by the bill including new fibre broadband investment not being subject to business rates until 2022 and the development of 5G.
Members also raised issues around wider access to superfast broadband.
Committee stage, the first chance to amend the bill and make changes, is yet to be scheduled.
Telecommunications Infrastructure (Relief from Non-Domestic Rates) Bill
This bill will aim to implement 100 percent relief from non-domestic rates (business rates) for all new full-fibre infrastructure over the next five years in England and Wales.