BT ordered by Ofcom to create separate company for its Openreach broadband division
Ofcom said it will launch a formal notification to the European Commission over plans to force BT to spin off its Openreach arm, which develops and maintains the UK's main telecoms network used by telephone and broadband providers such as Sky, TalkTalk, Vodafone and BT Consumer.
But the regulator said during this process it still remains "open" to further proposals from BT to meet its "strong competition concerns".
It said: "We are disappointed that BT has not yet come forward with proposals that meet our competition concerns.
"Some progress has been made,... read more
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