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Regulator hopes to protect customers from fibre broadband prices
Finalised rules will take effect on April 1, 2018
The proposed rules will have prices slashed every year until 2020/21
The fine follows an investigation by Ofcom into BT’s infrastructure arm Openreach
32,000 employees will crossover to Openreach in the separation from BT
Both firms will separate this year but BT will continue to set budgets for Openreach BT has agreed to Ofcom’s conditions for a legal separation of it broadband division Openreach this year, after two years of negotiations. The agreement will transform Openreach into a “distinct company” according to Ofcom in a statement, with its own staff, strategy and management “to
Chairman agrees with the severe criticism and understands why customers feel let down
The decision has been driven by concerns the broadband giant has not addressed ‘competition concerns’
Broadband provider aims to deliver country-wide ultrafast broadband of at least 100Mbps by 2025
TalkTalk, Sky, Vodafone and FCS encourage UK businesses to give their views on Openreach during 10-week consultation