LONDON, March 31 Britain's telecoms regulator
said it planned to promote investment in faster broadband by
cutting the price that network operator BT can charge
other operators for connections with download speeds of up to 40
Mbit per second.
Ofcom said it expected the lower charges to be passed on to
residential customers, increasing competition while companies
construct their own full-fibre ultrafast networks to compete
with BT's Openreach infrastructure.
The regulator said it intended to reduce Openreach's charges
for its 40 Mbit/s broadband package, with the price falling from
today's level of 88.80 pounds per year to 52.77 pounds in
(Reporting by Paul Sandle; editing by Kate Holton)