Rivals want BT broken up
Sky and TalkTalk aren't happy with BT and they want them broken up into tiny little pieces. Of course, all of BT's rivals rely on their network, but now there's going to be a review of the telecoms industry, this could be the time for a change.
Since BT enveloped EE, they're getting ever more dominant and regulator Ofcom said that they're going to be looking at the sector across a whole range of issues, and one of them regards competition in a market and whether there's enough of it.
The last time there was a review like this, BT opened their network to competitors and now, their rivals want Ofcom to do something with BT's infrastructure company, Openreach.
"There is no case for structural separation, with the UK leading the EU's five biggest economies for superfast broadband," BT said. "The current Openreach model has served the UK very well resulting in high levels of investment, intense retail competition, very high levels of coverage and take up and low prices."
"Ofcom must now take the opportunity to address Openreach’s conflict of interest as a subsidiary of BT or risk extending the problems that are affecting the industry and its customers today," said Sky Chief Executive Jeremy Darroch. TalkTalk chipped in as well, saying that the current market isn't fit for purpose: "It will further starve Openreach of the focus and capital it needs and will extend BT's dominance of the market," said TalkTalk Chief Executive Dido Harding.
"The larger group will have nearly 40 percent of the entire consumer telecoms market and nearly 70 percent of the wholesale market."