Thursday, March 31, 2011

Ofcom acts to cut home phone and broadband prices

broadband prices

Broadband cables in exchange Ofcom wants to reduce the cost of connections provided by Openreach

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The cost of home telephone and broadband services could come down after telecoms regulator Ofcom moved to reduce the wholesale price.
It has revised the list of rates that Openreach, which manages BT's network, can charge other providers for using its services.
In some cases, the wholesale price could fall by more than 10% per year.
The move will benefit companies such as TalkTalk and Sky, but not Virgin Media which uses its own cable network.
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