Ofcom permits pricing freedom for super-fast broadband

3 Mar 2009

UK watchdog Ofcom has announced that providers of wholesale ‘super-fast’ broadband services, principally BT, will be free to set prices without any regulatory intervention. The regulator says that the move will promote investment of next generation fibre-optic broadband networks. BT has welcomed the decision. ‘Today’s announcement gives us the green light to push ahead with our GBP1.5 billion [USD2.1 billion] super-fast broadband investment plans to reach at least 40% of UK households by 2012,’ said CEO Ian Livingston in a statement.

United Kingdom, BT Group (incl. Openreach)