BT has been fined £42m by regulator Ofcom for a serious breach of fair competition rules by its Openreach business, which provides many telecoms companies with access to broadband. It found BT was not giving proper compensation for late Ethernet installations, which is a type of leased-line internet connection that allows large businesses, as well as hospitals and libraries, to get high-capacity internet access. The company was found guilty in March last year after the Competition and Markets Authority (CMA) said it had failed to disclose that customers could only use one broadband provider at any given time. The fine is the largest ever given by Ofcom and follows BT’s decision to legally separate from Openreach to increase market fairness.
BT has been fined £42m by regulator Ofcom for a serious breach of fair competition rules by its Openreach business, which provides many telecoms companies with access to broadband. The company was found guilty in March last year after the Competition and Markets Authority (CMA) said it had failed to disclose that customers could only use one broadband provider at any given time. The fine is the largest ever given by Ofcom and follows BT’s decision to legally separate from Openreach to increase market fairness.