The previous government had set 2012 as a deadline for network to be in place.
Mr Hunt said he did not think there was "sufficient funding in place" to meet that goal.
BT also warned that it will cost billions to get fast broadband to every part of Britain.
Steve Robertson, chief executive of BT Openreach, told BBC 5 live's Drive programme that the goal could not be achieved without around £2bn in public funding.
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