BT Fears Ofcoms Investment Torpedo
Posted: 09th Nov, 2004 By: MarkJ
BT's boss, Ben Verwaayen, has spoken of the potential damage that could be done to broadband investment if Ofcom's telecoms review didn't come out the way they hoped:
Addressing business leaders at the CBI (Confederation of British Industry) conference in Birmingham, he warned that investment would be hit if regulator Ofcom did not enable sufficient reward from such investment when it publishes its review later this month.
"At this moment Ofcom is the most powerful and significant organisation in the UK, as we wait for the next phase of the Telecommunications Strategic Review. What it decides will be profound for your businesses and organisations. If it gets it right, we will see investment in this area accelerated. Get it wrong even if unintentionally and the impact will be clear to see in a year or sos time, with investment cut back and the UK missing out on a leadership position.
"BT has a shared responsibility of course in getting the right outcome from the Review. It is a great challenge and responsibility for both of us. But in a world defined by comparative failure and success, we must have an environment for investment on a big as well as a small scale."
More @ The Register.
Addressing business leaders at the CBI (Confederation of British Industry) conference in Birmingham, he warned that investment would be hit if regulator Ofcom did not enable sufficient reward from such investment when it publishes its review later this month.
"At this moment Ofcom is the most powerful and significant organisation in the UK, as we wait for the next phase of the Telecommunications Strategic Review. What it decides will be profound for your businesses and organisations. If it gets it right, we will see investment in this area accelerated. Get it wrong even if unintentionally and the impact will be clear to see in a year or sos time, with investment cut back and the UK missing out on a leadership position.
"BT has a shared responsibility of course in getting the right outcome from the Review. It is a great challenge and responsibility for both of us. But in a world defined by comparative failure and success, we must have an environment for investment on a big as well as a small scale."
More @ The Register.
Latest UK ISP News
Cheap BIG ISPs for 100Mbps+
150,000+ Customers | View More ISPs
Cheapest ISPs for 100Mbps+
Modest Availability | View More ISPs
Latest UK ISP News
Cheapest ISPs for 100Mbps+
Large Availability | View All
Helpful ISP Guides and Tips
Sponsored Links
The Top 15 Category Tags
- FTTP (7242)
- BT (4023)
- Politics (3248)
- Business (2965)
- Openreach (2819)
- Mobile Broadband (2679)
- Building Digital UK (2600)
- 4G (2268)
- Statistics (2265)
- Virgin Media (2173)
- FTTC (2169)
- 5G (1943)
- Ofcom Regulation (1883)
- Fibre Optic (1673)
- Wireless Internet (1649)
Sponsored
Copyright © 1999 to Present - ISPreview.co.uk - All Rights Reserved - Terms , Privacy and Cookie Policy , Links , Website Rules