Submitted: January 20, 2011 - 4:00pm
Originally published: January 20, 2011
Last updated: January 21, 2011 - 8:53am
Originally published: January 20, 2011
Last updated: January 21, 2011 - 8:53am
Source:
Ofcom
Location:
Ofcom, 2a Southwark Bridge Road Riverside House, London, SE1 9HA, United Kingdom
Ofcom has proposed significant reductions in the prices that BT Wholesale can charge Internet service providers (ISPs) in parts of the country where it is the sole provider of wholesale broadband services -- mainly in rural areas. The proposed price reductions are between 10.75% and 14.75% below inflation. As a result, Ofcom expects competition between retail ISPs, who will benefit from the lower wholesale prices, to lead to reductions in retail prices which will benefit consumers.
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