Ofcom Proposes Cap on BT's Physical Infrastructure Charges
August 01 2017 - 5:20AM
Dow Jones News
By Razak Musah Baba
LONDON--The U.K.'s telecommunications regulator is proposing a
cap on rental charges that BT PLC's (BT.A.LN) Openreach arm can
charge for access to its physical infrastructure.
The U.K. Office of Communications said Tuesday the proposed
pricing cap for access to BT's duct and pole infrastructure, aims
to increase certainty and predictability for investors.
"We are consulting on the methodology proposed to calculate
maximum charges, based on Openreach's current price calculation
methodology. We anticipate this would also result in material
reductions for the majority of rental charges," Ofcom said.
The consultation closes on the Sept. 12 and Ofcom expects to
publish a statement in early 2018, with new measures taking effect
on April 1, 2018.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
August 01, 2017 05:05 ET (09:05 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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