Beating up BT

摘要

Has Ofcom, Britain's new communications regulator, won its first victory over BT, by scaring it into making huge price cuts? It certainly looks that way. On May 17th, BT announced dramatic reductions― of up to 70%― in the prices it charges rival operators that offer high-speed (broadband) internet links over its network. The announcement came days after Ofcom unveiled the first of several reports into the state of Britain's telecoms market, in which it criticised BT'S high wholesale prices and alluded to the possibility of breaking the company up. Is that what prompted BT to cut its prices?