Ofcom wants to force BT to cut its broadband prices

Ofcom wants to force BT to cut its broadband prices
The UK telecoms regulator Ofcom has proposed to force ISP BT to slash its broadband and telephone prices, at least on a wholesale scale.

Ofcom submitted the proposals to the European Commission this week, says The Inquirer.



The proposals have BT cutting the price of three of its wholesale products, including "dropping the price of an unbundled line from 91.50 to 87.41 a year and further decreases the following year."

A shared unbundled line should be cut from 14.70 to 11.92 a year, with an additional decrease in 2013.

Finally, Ofcom wants BT's Openreach telephone line rental to drop in price from 103.68 per year to 98.81 per year.

Ofcom has proposed the cuts because of BT's almost complete monopoly on the copper line infrastructure in the UK.

Written by: Andre Yoskowitz @ 7 Feb 2012 21:42
Tags
Price Cut Ofcom BT Proposal Monopoly Wholesale Broadband
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