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BT resolves two-year broadband battle with Openreach deal [Reuters (UK)]

BT GROUP (BT)  More Company Research Source: Reuters
PDF A man walks past a BT logo outside of offices in the City of London, Britain, January 24, 2017. REUTERS/Toby Melville LONDON Britain's biggest telecoms group BT ( BT.L ) has agreed to put the division that runs the national broadband network into a legally separate company in a bid to improve the country's digital infrastructure and resolve a two-year regulatory battle. BT has come under fire after rivals including Sky ( SKYB.L ), TalkTalk ( TALK.L ) and Vodafone ( VOD.L ) accused Openreach, the division that supplies broadband to millions of homes and businesses, of delivering a poor service. Openreach, they say, does not invest enough in the network and is run to serve BT's bottom line rather than the interests of Britain's broadband needs. Under the deal hammered out with the telecoms regulator Ofcom, BT will create a legally separate com [Read more]

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