C&W chief calls for reform in broadband market

14 Jul 2004

Cable & Wireless (C&W) Chief Executive Francesco Caio has accused government ministers, the former regulator Oftel and incumbent operator BT Group of hampering competition in the UK’s high-speed internet market, saying that the country is falling behind its European neighbours because of their actions. Caio yesterday told a parliamentary enquiry that the industry needed sweeping reforms and a new regulatory framework, claiming that BT’s stranglehold on the market means that C&W is unable to offer enough new services to provide viable competition to the incumbent. Blaming the leniency of past regulators for allowing BT to ‘frustrate and stifle innovation amongst its competitors,’ Caio said that new telecoms watchdog Ofcom must act swiftly if it is to regain lost ground.