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Ofcom says Openreach should be 'legally separate' from BT
2016-07-26 08:50:00| Telecompaper Headlines
(Telecompaper) UK regulator Ofcom has proposed further reform f BT's wholesale arm Openreach, in order to make the company "legally separate" from BT. In the latest update on its plans for reforming communications regulation, Ofcom said Openreach needs to be restructured so it works in the interests of all its customers, and not just BT's retail operations. This means Its own articles of association and board, with a majority of non-executive directors who don't represent BT but would still be appointed by the operator. The board would then name Openreach's CEO, and the company's management would be accountable to the board, not BT. In addition, Openreach would be obliged to consult formally with customers such as Sky and TalkTalk on large-scale investments.
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Category:Telecommunications