Andre Yoskowitz
7 Feb 2012 21:42
The UK telecoms regulator Ofcom has proposed to force ISP BT to slash its broadband and telephone prices, at least on a wholesale scale.
Ofcom submitted the proposals to the European Commission this week, says The Inquirer.
The proposals have BT cutting the price of three of its wholesale products, including "dropping the price of an unbundled line from £91.50 to £87.41 a year and further decreases the following year."
A shared unbundled line should be cut from £14.70 to £11.92 a year, with an additional decrease in 2013.
Finally, Ofcom wants BT's Openreach telephone line rental to drop in price from £103.68 per year to £98.81 per year.
Ofcom has proposed the cuts because of BT's almost complete monopoly on the copper line infrastructure in the UK.