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Ofcom shakes up fibre broadband market to reduce prices

Antony Savvas | July 4, 2013
BT is to face stiffer superfast fibre broadband competition from other suppliers as a result of an Ofcom review of the market.

Ofcom is also concerned not to undermine the investment case for rolling out fibre. Instead, Ofcom proposes to maintain a requirement that BT's charges for access to its fibre network are "fair and reasonable".

A BT spokesperson said: "We are pleased that Ofcom is maintaining pricing freedom for Openreach's fibre products.

"BT has already accepted a long payback period for its fibre deployment and its wholesale fibre prices - which are amongst the lowest in Europe - reflect this.

"Openreach is committed to delivering high levels of customer service. Openreach is already highly transparent in its service level reporting to industry and agrees this detail should be shared with consumers and businesses."

 

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