The Daily Telegraph
BT is fined £42m by Ofcom
BT has been fined £42 million by the communications regulator for a “serious breach” of rules – the largest fine ever imposed on a telecoms provider.
Ofcom conducted an investigation into Openreach, the arm of BT that maintains the telecoms network which is used by other telephone and broad- band providers. It found BT had misused the terms of its contracts to cut compensation payments for delays in connecting high-speed business lines. It is estimated that BT will have to pay £300m in compensation to its rivals.
Clive Selley, chief executive of Openreach, apologised and said improvements had been made to ensure the same mistakes were not repeated.