Faster broadband on horizon as BT agrees split from network provider
Millions of British families could get cheaper and faster internet services after BT agreed legally to separate from its broadband division, the industry watchdog Ofcom claimed yesterday.
Openreach, which controls the wires and infrastructure for Britain’s internet network, will be spun off into a distinct company with a new legal responsibility to serve all customers equally. About 32,000 BT workers will transfer to the new entity as part of the reforms, which have been under discussion for two years. They are aimed at boosting competition and investment in Britain’s broadband industry amid criticism of BT for poor service and anti-competitive practices.
Openreach will also be stripped of the BT brand.
Sharon White, chief executive of Ofcom, said: “This is a significant day for phone and…