BT Welcomes TISC Broadband Report
Posted: 11th Feb, 2004 By: MarkJ
BT has welcomed the main conclusions of a recent Trade and Industry Select Committee (TISC) report into the UK broadband market. Hardly surprising, especially when it concluded that breaking the operator up would not be desirable:
BT WELCOMES BROADBAND REPORT
BT today welcomed the main conclusions of the Trade and Industry Select Committee's report on the UK broadband market describing it as a well balanced and constructive contribution to the broadband debate.
BT particularly welcomed the committee's view that it is not desirable for BT to be broken up and that the regulatory regime currently being developed needs to encourage further investment.
BT has invested far more than any other player in the development of broadband Britain - more than £700m to date - and the company plans to step up this investment with the creation of a 21st Century Network to deliver higher bandwidth services. These ambitious plans are dependent however on the company being allowed to generate a sufficient return on its investment and so BT concurs with the committee in its desire for regulatory certainty going forward.
BT chief executive Ben Verwaayen said: "The committee has produced a balanced report that has taken the views of the whole industry into account. BT welcomes the report and, in particular, its focus on the need for regulatory certainty. The UK may be the fastest growing broadband market in Europe but there is a pressing need for a regulatory environment that incentivises even greater investment.
BT is also pleased that the committee has taken the view that the break up of BT would not be a positive move in the context of creating Broadband Britain. This is an argument that has been pushed forward by a few interested players and it is encouraging to see that the committee has taken the only realistic view on this subject - i.e. that a strong BT is central to the creation of Broadband Britain."
It's worth pointing out that, while the report may recommend against BT being broken up, it did highlight unease at how ADSL dominates much of the UK market.
BT WELCOMES BROADBAND REPORT
BT today welcomed the main conclusions of the Trade and Industry Select Committee's report on the UK broadband market describing it as a well balanced and constructive contribution to the broadband debate.
BT particularly welcomed the committee's view that it is not desirable for BT to be broken up and that the regulatory regime currently being developed needs to encourage further investment.
BT has invested far more than any other player in the development of broadband Britain - more than £700m to date - and the company plans to step up this investment with the creation of a 21st Century Network to deliver higher bandwidth services. These ambitious plans are dependent however on the company being allowed to generate a sufficient return on its investment and so BT concurs with the committee in its desire for regulatory certainty going forward.
BT chief executive Ben Verwaayen said: "The committee has produced a balanced report that has taken the views of the whole industry into account. BT welcomes the report and, in particular, its focus on the need for regulatory certainty. The UK may be the fastest growing broadband market in Europe but there is a pressing need for a regulatory environment that incentivises even greater investment.
BT is also pleased that the committee has taken the view that the break up of BT would not be a positive move in the context of creating Broadband Britain. This is an argument that has been pushed forward by a few interested players and it is encouraging to see that the committee has taken the only realistic view on this subject - i.e. that a strong BT is central to the creation of Broadband Britain."
It's worth pointing out that, while the report may recommend against BT being broken up, it did highlight unease at how ADSL dominates much of the UK market.
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
Cheap BIG ISPs for 100Mbps+
Large Availability | View All
Cheapest ISPs for 100Mbps+
Large Availability | View All
Helpful ISP Guides and Tips
Sponsored Links
The Top 15 Category Tags
- FTTP (5527)
- BT (3518)
- Politics (2541)
- Openreach (2298)
- Business (2265)
- Building Digital UK (2246)
- FTTC (2044)
- Mobile Broadband (1975)
- Statistics (1789)
- 4G (1666)
- Virgin Media (1621)
- Ofcom Regulation (1464)
- Fibre Optic (1396)
- Wireless Internet (1390)
- FTTH (1382)
Sponsored
Copyright © 1999 to Present - ISPreview.co.uk - All Rights Reserved - Terms , Privacy and Cookie Policy , Links , Website Rules