There were no good options after that. In hindsight, the least bad choice was to nationalise the network again, think a lot harder about competition and monopoly issues, and maybe have another go at privatisation some years down the track. But no one had the guts to do that.
https://www.increasebroadbandspeed.co.uk/2013/chart-bt-fttc-...
Which is both slower than the fibre that had already been planned, and slower than the then incoming government's "25mbps for everyone by end of 2016" promise (which they missed).
It also doesn't have a good cheap upgrade path and assumes that the copper is good and doesn't need to be replaced (it isn't, and it does in many places).
Some of the more extreme claims that we all need GB speed links don't make sense its like saying every house/flat needs a 56Kv 3 phase power supply.
The most commonly purchased NBN service in 2016 is 25mbps Down 5mbps up. (51%) and 14% of customers buy 100/40: So yes to both questions.
And that’s 2016. Why skate to where the puck is rather than where it’s going?