TUESDAY, SEPT. 25: The Bermuda Telephone Company (BTC) announced that it received approval from its Board of Directors to invest in an infrastructure upgrade that will deliver superior Broadband access throughout the island.

Eric Dobson, CEO of BTC announced that by end of the first quarter of 2013,40% of the island’s homes will have access to download speeds of 25 Mbps and upload speeds of up to 4Mbps, significantly greater than those currently available.

These speeds will be delivered via a combination of fiber and advanced Broadband technologies and are only the first step in the company’s Broadband evolution plan for the island.

BTC plans to introduce high speed access services for both residential and small business customers that will provide customers with access to truly high speed access services.

These new services have been developed as a result of noted changes in customer demand. Today, higher upload speeds are now a very real consideration for many.

Eric Dobson, CEO of BTC said, "We will aggressively expand and improve upon the quality and capabilities of our local infrastructure. We will do so through new investments and by leveraging existing fiber networks.”

There will also be a suite of small business products launched that will fill a gap that currently exists in the market for reasonably priced Broadband that is capable of meeting the demands of today’s small businesses.

These SOHO (small office home office) offerings will include several options, with the premium tier allowing download speeds of 15Mbps with upload speeds of up to 10Mbps.

Lloyd Fray, CEO of KeyTech said, "This move is the logical next step in the group’s development of Bermuda’s local infrastructure, and will facilitate the delivery of next generation services to both residential customers and small business owners.”