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Response to OFCOM Statement

29 Nov 2016 09:05

RNS Number : 4182Q
BT Group PLC
29 November 2016
 

Tuesday 29 November 2016

 

 

BT Group plc

 

Response to Ofcom statement

 

"We note Ofcom's announcement this morning, updating on the next steps of the Digital Communications Review.

 

We put forward proposals in July that we believe are fair and sustainable, and that meet Ofcom's objectives without disproportionate costs. We are implementing these proposals, and have just appointed Mike McTighe to be the first chairman of Openreach. We are in discussions with Ofcom on two outstanding issues, the reporting line of the Openreach CEO and the form of legal incorporation.

 

We will continue to work with Ofcom to reach a voluntary settlement that is good for customers, shareholders, employees, pensioners and investment in the UK's digital future"

 

 

 

ENDS

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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