LONDON (Alliance News) - UK communications and media market regulator Ofcom on Thursday confirmed the new set of rules governing BT Group PLC's performance in installing high-speed business lines and reductions in the prices the UK-listed group charges for the lines.
Ofcom said BT's Openreach network infrastructure division will now be required to reduce the time between a customer order and the line being ready to 46 working days by end of March and to 40 by the following year, from 40-48 currently.
Openreach must also complete 80% of leased line orders by the date it promises customers by the end of March 2017, rising to 90% a year later.
Ofcom has also confirmed the reduction in wholesale prices charged by BT for leased line services, which the regulator said should cut costs for businesses.
Ofcom said BT Ethernet service prices will fall by around 12%, while traditional line services will fall 7.5%.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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