Trending: BT's Openreach Full-Fiber Broadband Pricing Offer Cleared by Regulator
0924 GMT - BT Group is among the most mentioned companies across news items over the past four hours, according to Factiva data, after the U.K. regulator cleared Openreach's new pricing offer for full-fiber broadband. The news sent BT shares up 1% making it one of just a handful of risers in the FTSE 100 index. BT informed the regulator of its new pricing offer for full-fiber services--known as Equinox 2--last December as required under the regulatory rules. The offer gives lower prices to retail providers that agree to use Openreach's full-fiber products for new orders rather than legacy copper products. Ofcom said that based on evidence available it didn't consider the new pricing discounts to be anti-competitive. Dow Jones & Co. owns Factiva. (ian.walker@wsj.com.)
(END) Dow Jones Newswires
May 24, 2023 05:40 ET (09:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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