A £30million project that will give North Wales access to super-fast broadband has been given the green light. Called Fiberspeed, the project is being funded both privately and publicly by the Welsh Assembly Government, European Regional Development Funds and Geo Networks. The CEO of Fibrespeed, Chris Smedley, said: "Access to high speed communications has been highlighted as a critical part of success in the modern world, spanning every aspect of life from children's performance at school to businesses' ability to compete in the global economy. FibreSpeed will allow North Wales to compete on a level playing field with the rest of the UK for the first time."