The regulator said BT had not addressed the competition concerns it spelt out in July and as a result it wanted Openreach to become a distinct company with a separate board and its own chairman. Haitong Research has concluded that Openreach cannot legally be separated from BT, despite the recommendation being made by industry regulator Ofcom. The future of BT’s networks subsidiary is in the balance after Ofcom ordered the parent firm to make it a separate company. In its submission to the Investigatory Powers Tribunal, BT said it had been “unable to find any evidence or legal basis for this claim”. Ofcom asserts that its plans for separation are “achievable, proportionate and carefully considered.”
Haitong Research has concluded that Openreach cannot legally be separated from BT, despite the recommendation being made by industry regulator Ofcom. The future of BT’s networks subsidiary is in the balance after Ofcom ordered the parent firm to make it a separate company. In its submission to the Investigatory Powers Tribunal, BT said it had been “unable to find any evidence or legal basis for this claim”. Ofcom asserts that its plans for separation are “achievable, proportionate and carefully considered.”