LondonNet News Headlines
|Broadband Britain on the Horizon|
- BT slashes prices to move market forward
BRITAIN could take a leap forward in internet use after British Telecom announced it was slashing the cost of broadband access to domestic users.
As well as providing broadband direct to the consumer, BT sells broadband capacity on a wholesale basis to its telecom competitors, who then sell it on to the public. Before today's announcement, BT charged an equivalent of UKP25 for each line per month. This fee will drop to UKP14.75 from April 1.
"This will drive the whole market forward by making broadband affordable," said BT chief executive Ben Verwaayen. "We're putting it at the heart of BT's plans for growth."
Currently, BT charges home users around UKP40 a month for broadband, while some competitors manage to get by on UKP25. Both prices are likely to fall in the aftermath of today's news.