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LONDON (Alliance News) - A slew of telecommunications and media companies have joined the Institute of Directors to denounce the quality of UK broadband services and call on the country's competition watchdog to investigate the role played by BT Group PLC in the market, in a letter published in the Financial Times.
BT's ownership of the national telecoms network has resulted in a "substandard experience for millions of customers," according to the letter, which called for "radical reform" of the market. The letter was signed by a number of industry bodies and by Vodafone Group PLC, Sky PLC and TalkTalk Telecom Group PLC.
The letter said the problems in the market cannot be solved by "tinkering with the existing regulatory framework" and urged Ofcom, the UK's communications and media regulator, to ask the Competition and Markets Authority to launch a full market investigation.
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By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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