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BT avoids Openreach breakup with standalone status

Jul. 26, 2016 3:45 AM ETBT Group plc (BT) StockBTBy: Yoel Minkoff, SA News Editor
  • Breaking up is hard to do! British telecom regulator Ofcom has called for BT's broadband network - Openreach - to become a standalone company, but stopped short of calling for a complete separation.
  • "This is a practical plan that can be implemented within months, unlike a sell-off of Openreach which would take years," Ofcom chief Sharon White told BBC Radio 4's Today program.

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