BT Agrees to Ofcom Demand to Divest Openreach Network Division
BT agreed to Ofcom requirements to spin off its Openreach network division, the British regulator said in a release Friday. "Openreach will become a distinct company with its own staff and management, together with its own strategy and a legal…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
purpose to serve all of its customers equally," Ofcom said. "BT has agreed to all of the changes needed to address Ofcom’s competition concerns. As a result, Ofcom will no longer need to impose these changes through regulation. The reforms have been designed to begin this year."