BT Group Should Delay Launch of Openreach Broadband Pricing Offer, UK Watchdog Says
17 March 2023 - 7:32PM
Dow Jones News
By Kyle Morris
The U.K.'s Office of Communications said Friday that the launch
of BT Group PLC's Openreach pricing offer for full-fiber broadband
should be postponed as the watchdog's decision on the progam will
take two months longer than initially planned.
The regulator said its consultation into the new wholesale
Equinox 2 pricing offer for internet service providers closed on
March 4, with a decision originally planned for the end of the
month, but that it now anticipates needing an additional two months
to undertake further analysis.
The Equinox 2 offer is due to launch on April 1, but to provide
certainty and stability for industry, Ofcom's view is that it
wouldn't be appropriate for the offer to launch until a final
decision has been made, it said.
Ofcom said it may use its power to defer the launch of the
offer, unless Openreach voluntarily agrees.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
March 17, 2023 04:17 ET (08:17 GMT)
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