BT agrees to legally separate Openreach from the company
BT agrees to legally separate Openreach from the company
   BT has agreed to all of the changes needed to address Ofcomâs competition concerns. As a result, Ofcom will no longer need to impose these changes through regulation. The reforms have been designed to begin this year.
To implement this agreement with the smallest possible effect on BTâs pension scheme, the existing Crown Guarantee would need to be maintained for Openreach staff who are members of BTâs pension scheme.1
The new Openreach will have the greatest degree of independence from BT Group possible without incurring the delays and disruption â to industry, consumers and investment plans â associated with structural separation or the sell-off of Openreach to new shareholders.
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These changed will ensure that Openreach will be able to act without the influence of BT, allowing them to treat all of their customers equally. Hopefully, this will allow the company to accelerate their plans to upgrade and further invest in their infrastructure in ways that will benefit all of their customers.Â
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You can join the discussion on BT’s plans to make Openreach an independent company on the OC3D Forums.Â
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