The firm, which is responsible for managing the UK's broadband infrastructure, has confirmed that it is to hasten its timeline for running fibre connections directly to homes and businesses across the country.
As a result of the proposed changes, broadband speeds will rise from 24 megabits a second under superfast broadband to an impressive 100 megabits.
Clive Selley, chief executive of Openreach, explained: "Our focus over the last two years has been to achieve the government's target of getting 95 percent superfast coverage, so we have got very good broadband to as many homes as possible.
"Now having got to 95 percent the mandate is twofold: fix the last five percent and move on to the upgrade from superfast to ultrafast speeds."
Meanwhile, Alex Neill, of consumer group Which? has claimed that the UK still lags behind lots of other developed countries when it comes to internet speeds.
The expert said, according to the BBC: "When you look that 79% of people in Spain have got access to full fibre and yet only three percent of British homes have, clearly consumers will be asking why that is happening, especially when the majority of them have experienced a problem with their broadband in the last year."