MORE than 7,000 homes and businesses in Abergavenny will benefit from high-speed broadband.

The investment in broadband will allow large data and video files to be sent and received almost instantly, and also offer access to high- quality video conferencing and better back-up of computer systems.

The investment by BT is expected to give a major boost to the local economy, with more ungrades planned for the rest of the town over the coming weeks. The super-fast fibre broadband technology is being rolled out across South- East Wales fromBlackwood to Caldicot and parts of Newport, with more expected later this year, bringing the number of premises in the region having access to broadband to 115,000 by spring 2013.

A recent report by Regeneris Consulting predicted that over the next 15 years the technology could give the economy of a typical town a £143 million boost, create 225 new jobs, 140 new start-up businesses and 1,000 more home workers.

BT’s local network business, Openreach, aims to make the high-speed technology available to around two-thirds of UK homes and businesses by the end of 2014.