MPs want BT to sell Openreach
A number of MPs - the exact number being 121 - have called for Ofcom to make BT sell off their Openreach business. Why? Well, they believe that doing this will ensure that the 'dire' state of broadband in the UK will be fixed.
In a report called 'Broadbad' (sigh), the British Infrastructure Group of MPs said that everyone is suffering from Openreach's failure to properly invest in broadband services, leaving too many people and businesses with crappy connections.
The report was headed-up by Grant Shapps (or whatever name he's going under these days), who said that, despite BT getting £1.7billion in government money, the Openreach service had only partially extended superfast broadband.
The knock-on from that, is according to Shapps, costing the economy £11 billion, every year.
This report reckons that over five million people are receiving unacceptable download speeds, and that 400,000 small and medium-sized companies still don't have access to superfast broadband. The MPs behind the report say that this isn't going to improve unless BT are forced to sell Openreach, and get the two separated from each other, as at the moment, Openreach "makes vast profits and finds little reason to invest in the network, install new lines or even fix faults in a properly timely manner."
Continuing: "We believe that Britain should be leading the world in digital innovation. Yet instead we have a monopoly company clinging to outdated copper technology with no proper long-term plan for the future."
Gavin Pattison, the chief exec of BT, says that over 90% of UK premises could access superfast broadband, and that, splitting Openreach from BT would only "create huge uncertainty and create a weaker company that ultimately could be vulnerable to takeover."