2nd Dec 2015 06:43
LONDON (Alliance News) - The chief executive of UK media and communications regulator Ofcom has suggested that something will have to change for BT Group PLC's Openreach network infrastructure business, amid an ongoing review of the UK broadband market by the watchdog, The Independent reported.
Sharon White said Ofcom was considering four options for the future of Openreach, but warned keeping the status quo was "unlikely".
In addition to a complete spin-off of Openreach as a separate company, White said the other options being considered including maintaining the current arrangement, more deregulation of the system, or adjusting the current system.
http://www.independent.co.uk/news/business/news/the-status-quo-is-not-an-option-for-bt-openreach-says-ofcom-a6756671.html
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
BT