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BT.A Bt Group Plc

105.10
1.55 (1.50%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bt Group Plc LSE:BT.A London Ordinary Share GB0030913577 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.55 1.50% 105.10 105.00 105.10 106.25 103.60 104.15 17,449,131 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.48 10.44B

Ofcom Plans to Make BT's Openreach Network Available to Rivals

20/04/2017 11:10am

Dow Jones News


Bt (LSE:BT.A)
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By Razak Musah Baba

 

LONDON--The U.K.'s telecoms regulator set out plans Thursday to make BT PLC's (BT.A.LN) Openreach infrastructure network available to competitors, enabling them to build fiber broadband networks more cheaply.

The Office of Communications, commonly know as Ofcom, said the plan would make it easier for competitors to access BT's existing telegraph poles, ducts and underground tunnels that carry telecoms cables.

Ofcom is proposing that other telecom providers should be able to lay fiber using BT's ducts and poles as easily as BT itself. It said the cost to BT for providing this access should be spread across all users.

The regulator is also calling for Openreach to repair faulty infrastructure and clear blocked tunnels where necessary for access.

Ofcom said it expected to publish its final decisions in early 2018, with new rules taking effect on April 1 next year.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

April 20, 2017 05:55 ET (09:55 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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