Ofcom seeks cheaper broadband by increasing competition with lower wholesale prices
UK telecoms regulator Ofcom hopes new wholesale price cuts for superfast broadband services will lead to cheaper access for consumers.
The regulator will improve the wholesale pricing of high-speed services from national broadband network Openreach. New technology investments from BT, such as G.Fast, will not be capped at this point as Ofcom believes the caps elsewhere should be sufficient to protect competition and protect consumers from higher prices.
Jonathan Oxley, Ofcom’s...