Virgin Media has revealed it has successfully been able to deliver broadband speeds of 'up to' 1.5Gbps in a trial.

The trial, which began in April this year, is taking place in conjunction with four firms located in Old Street, London – an area which is known as 'Silicon Roundabout', and offers downloads speeds that are more than 240 times faster than the national average net connection. Members of TechHub, a community and workspace for technology entrepreneurs, located in the area is among the firms taking part in the trial.

The 1.5Gbps broadband access, which also offers upload speeds of 'up to' 150Mbps, utilises the same Data-Over-Cable Service Interface specification (DOCSIS) cable-based technology as Virgin Media uses to provide residential customers that opt for the 100Mbps package that is already available to 25 percent of the UK.

"As people are simultaneously connecting more gadgets to the internet and doing more online than ever before, we wanted to explore what our unique fibre optic network is capable of," said Jon James, executive director of broadband at Virgin Media

Communications Minister Ed Vaizey said it was fantastic to see the fastest internet speeds in the world over cable being trialled in the UK.

"Last year the Prime Minister set out our ambition for London's East End to become a world-leading technology city to rival Silicon Valley. Developments like Virgin Media's will help make this ambition a reality."

According to the ISP, some of the firms involved in the trial have been utilising the fast upload speed to enable them to edit movies from the cloud, a process would be virtually impossible on slower connections.

The ISP said that in the future it would roll out faster broadband to consumers, as it will ensure that several members of one household can downloads of stream TV and movies at the same time without interruption, but it will be reliant on laptops and ethernet ports being able to handle the speeds.