A similar situation already exists in today’s market. UK regulator Ofcom has adjusted the final wholesale price for BT ’s Fibre -to-the-Cabinet (FTTC) broadband, reducing it from £ 88.80 ($ 125 ) per year to £ 59.91 by 2018 , rather than the previously touted £ 125 . Ofcom said the tweak in cost was due to "new information, particularly in relation to inflation and FTTC ’s pension costs", but said the reduction would continue to stimulate competition among internet service providers. Critics argued the decision, which made FTTC so cheap, potentially discouraged investment in new technology.
UK regulator Ofcom has adjusted the final wholesale price for BT ’s Fibre -to-the-Cabinet (FTTC) broadband, reducing it from £ 88.80 ($ 125 ) per year to £ 59.91 by 2018 , rather than the previously touted £ 125 . Ofcom said the tweak in cost was due to "new information, particularly in relation to inflation and FTTC ’s pension costs", but said the reduction would continue to stimulate competition among internet service providers. Critics argued the decision, which made FTTC so cheap, potentially discouraged investment in new technology.