Monday, February 25, 2013

Ofcom Advises EU of Intent to Slash BT Leased Line Prices in the UK

Ofcom Advises EU of Intent to Slash BT Leased Line Prices in the UK - ISPreview UK: "The communications regulator, Ofcom, has today issued a Draft Statement that formally notifies the European Commission (EC) of their proposal to cut the price that ISPs, mobile operators and businesses pay to BT for wholesale Leased Line services at speeds of above 1Gbps in all parts of the UK except London and Hull. Ofcom’s review of the country’s £2bn (annual) market for business telecoms services last year found that BT had Significant Market Power (SMP) in the “relatively new market” for 1Gbps+ and should thus be subject to tighter regulation (here), which included overall price caps linked to inflation that would ultimately result in a “real-terms price reduction“." 'via Blog this'

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