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BT handed biggest ever fine from Ofcom

Geoff Riley

27th March 2017

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An industry regulator bares their teeth! BT has been handed a record fine of £42m by regulator Ofcom and has agreed to pay industry rivals up yo £300m after it admitted to breaching rules by failing to compensate other operators over delays to installing Ethernet lines. A great example of competition policy in action.

BT to be fined £42 million by Ofcom for breaching contracts with telecoms providers https://t.co/ejsO5qhYil
— Ofcom (@Ofcom) March 26, 2017

Ofcom fines BT record £42m. It made £3bn profit last year. So it's like person on average pay being fined about £350 https://t.co/Tq0CEKua7q
— Paul Lewis (@paullewismoney) March 27, 2017

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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BT handed biggest ever fine from Ofcom

Geoff Riley

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