BT unveils new business unit

22 Sep 2005

BT Group has revealed the name of a new business unit, which it was forced to set up as part of a plan by regulator Ofcom to increase competition in the telecoms market and break BT’s stranglehold on local exchange services. The unit has been branded Openreach, and will operate BT’s local loop. It has been designed to ensure that rival operators receive the same treatment as BT’s retail business; many have filed complaints in the past that BT Retail had been given preferential treatment by the incumbent’s own wholesale arm. The new division, which is set to be operational from January 2006, will employ around 30,000 people, most of whom will be engineers moving across from other parts of BT. It will have its own headquarters and logo, but will remain part of the BT Group.

United Kingdom, BT Group (incl. Openreach)