Surrey County Council has selected BT to deliver superfast broadband to the region in a contract worth £33 million.

The service will supply 90,000 homes and businesses with broadband speeds of up to 80Mbps. The contract is the latest in a series of broadband procurement successes as councils seek to develop IT infrastructure and broadband speeds.

The Council has estimated that the new service could increase the local economy by £28 million annually, with almost complete coverage of superfast broadband expected by the end of 2014.

Peter Marin, Surrey’s deputy leader, said: ““This will be a great boost for business, from start-ups in small offices through to multi-nationals. It can be crucial to the continued success of Surrey businesses and a huge attraction to those looking to move in.”