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Pin to quick picksTesco Share News (TSCO)

Share Price Information for Tesco (TSCO)

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Share Price: 298.30
Bid: 298.00
Ask: 298.20
Change: 0.00 (0.00%)
Spread: 0.20 (0.067%)
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Prev. Close: 298.30
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Britain to stop mobile operators selling 'locked' handsets

Tue, 27th Oct 2020 07:39

LONDON, Oct 27 (Reuters) - British mobile operators will be
barred from selling smartphones locked to their networks,
regulator Ofcom said on Tuesday, a change designed to remove a
barrier to switching networks for some customers.

Companies including BT/EE, Tesco Mobile and
Vodafone sell phones that cannot be used on other
networks unless they have been unlocked, a potentially complex
process that can cost about 10 pounds ($13), Ofcom said.

The ban will come into effect in December 2021.

O2, Sky, Three and Virgin Media
sell unlocked devices to their customers.

The move is part of a package of measures designed to ensure
customers are treated fairly and to make switching easier, Ofcom
said.

It said it would consult on proposals to make it easier to
switch from fixed-line broadband providers that use Openreach's
copper network to those that use completely separate networks,
such as Virgin Media, CityFibre, Gigaclear or Hyperoptic.
($1 = 0.7673 pounds)
(Reporting by Paul Sandle, editing by Estelle Shirbon)

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