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Ofcom to permit Openreach’s ‘Equinox 2’ FTTP pricing offer

24 May 2023

British telecoms regulator Ofcom has published its decision not to prevent Openreach, the network unit of BT Group, from introducing its ‘Equinox 2’ pricing offer for full-fibre broadband. According to Ofcom, it had reached its decision following a careful assessment of the available evidence.

In terms of specifics, the watchdog suggested that having considered the impact on consumers it had concluded that Equinox 2 was ‘consistent with promoting investment in gigabit-capable networks by Openreach and other operators and promoting network-based competition, ultimately delivering better consumer outcomes’. Meanwhile, with regards to the possible impact on alternative network providers, Ofcom has claimed that Equinox 2 will result in altnets facing stronger competition from Openreach, but determined that the conditional terms in the offer ‘do not create a potential barrier to using [such providers]’. Further, Ofcom said it considered that ISPs are likely to benefit from network-based competition. Finally, Ofcom said it considered that not preventing Openreach from introducing Equinox 2 will allow the network operator to engage in network-based competition, without compromising the regulator’s objective of promoting investment in gigabit-capable networks.

Ofcom noted: ‘Our overriding objective is to bring better broadband to people across the UK, by promoting competitive investment in high speed networks and making sure there’s a level playing field for all companies … With this in mind, and based on the evidence available to us, we don’t consider Openreach’s new pricing discounts to be anticompetitive.’

United Kingdom, BT Group (incl. Openreach), Ofcom, Openreach

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