June 22, 2017 / 9:38 AM / 2 months ago

BRIEF-Ofcom says BT has "significant market power" in some areas

June 22 (Reuters) - UK's Ofcom:

* BT and KCOM continue to have "significant market power in uncompetitive areas of country"

* In areas where BT and KCOM have "significant market power", Ofcom proposes to maintain regulation designed to promote retail competition

* Proposal includes requirements on BT and KCOM to provide wholesale products to other providers on a "fair and reasonable basis" Source text for Eikon: Further company coverage:

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