Ofcom proposes broadband price cut - Broadband - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Ofcom proposes broadband price cut

Ofcom proposes broadband price cut

Category: Broadband

Updated: 11/07/2013
First Published: 11/07/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Telephone and broadband customers could see cheaper bills in the future under plans proposed by the telecoms regulator to cut BT's wholesale pricing.

Currently, telecoms providers pay BT up to £93.27 per home to rent the copper wire lines that provide telephone services and internet to most of the UK's homes.

However, Ofcom is proposing revised "charge controls" that would reduce the wholesale cost to providers by up to 12% every year between 2014 and 2017, which the regulator says it expects will then lead to price reductions for consumers.

The price change proposals do not currently include BT's "superfast" fibre optic network, but Ofcom said these prices are currently under investigation.

"The proposed new prices are designed to provide incentives to invest in networks while also ensuring that broadband and landline prices are affordable for consumers," Ofcom said.

What Next?

Compare Broadband packages with our partner consumer choices

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Switching broadband could save you £300/yr

Many of us could do with saving a bit of extra cash at this time of year, and looking at your utility bills could be a great way to do that. After all, it’s possible to save as much as £300 every single year simply by switching broadband provider...

Get your festive TV sorted

There’s nothing better than curling up in front of the TV with a good boxset, and for many, the festive entertainment options will be the highlight of the Christmas season. But are you happy with your TV deal? If not, now’s the time to switch!

Slow broadband speeds should mean a discount

Do you live in an area with slow broadband speeds? Do you wish you weren’t paying quite so much for it? Well, there are fresh calls for the Government to improve access to broadband – and even to give those with slow broadband a well-earned discount.
 
Close