A team of engineers at Bangor University have developed a device which promises to increase the current broadband speed by 100 times and to also be 75 per cent cheaper than the cost of today's broadband.

The scientists at the university have been working on the EU-funded Alpha project and are now ready to create the prototype.

The device works by using the same telecommunications network that we are using at the moment but it processes the information a lot more efficiently.

The scientists claim that this improved internet access will allow download of 15 full-length Hollywood movies a minute, meaning that consumers will then have access to very fast and cheap broadband.

The team are hoping that this invention will revolutionise the communications industry and believe that this new broadband technology will not only deliver high speed HD films and television, but also high-power computer games and home video-conferencing facilities.

The group also hope that this device will offer other beneficial functions as well, such as; supporting older people in their homes and enabling other applications like tele-medicine to thrive.

It is believed that once the prototype is finished, it will look similar to a DVD player and be placed somewhere in-between the broadband outlet and computer.

As of yet, there is no idea how much the device will cost, however; with so many people discovering from a broadband speed test that they are receiving such poor speeds at present, there is no doubt that this new and improved internet device will be very popular with consumers in the future.