Financial Times

BT chief warns Openreach fibre push will ‘end in tears’ for rivals

BT’s chief executive said the telecommunications group had turned its broadband network into an “unstoppable machine” that will ultimately “end in tears” for many of its fiber competitors. “There is only going to be one national network,” Philip Jansen said. “Why do you need to have multiple providers?” The former monopoly said that its networking division Openreach had laid fibre to 9.6 million premises, with 29 percent of people in those areas opting to move over to its fibre offering.