The long saga concerning the future of BT Openreach seems to have given birth to…a mouse with BT agreeing Ofcom’s ambiguous ‘legal separation’ solution. As expected, Openreach is to be legally separated from BT and will have its own board. BT’s logo will disappear from its network of vans. And its 32,000 employees will be transferred from BT’s books. But Openreach remains a 100% subsidiary of BT! Remember Ofcom said some months ago Openreach now needed to
13 Mar 2017
The Openreach fudge
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The Openreach fudge
BT Group plc (BT.A:LON) | 105 1.6 1.5% | Mkt Cap: 10,467m
- Published:
13 Mar 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
The long saga concerning the future of BT Openreach seems to have given birth to…a mouse with BT agreeing Ofcom’s ambiguous ‘legal separation’ solution. As expected, Openreach is to be legally separated from BT and will have its own board. BT’s logo will disappear from its network of vans. And its 32,000 employees will be transferred from BT’s books. But Openreach remains a 100% subsidiary of BT! Remember Ofcom said some months ago Openreach now needed to