After being put through enormous pressure by Ofcom, BT has finally announced that it is lowering the prices for duct and poles access to its rivals.
With this move the process of equipping UK’s rural areas with high speed broadband connection has boosted significantly. BT also stated that not only it introduced significant cut down in the prices of its duct and poles, but it also broke down a handful of those products right into their component parts.
It further claims that the move will play a really crucial role in enabling other service providers to extend their fibre broadband services to remote areas within the country, thus eventually benefiting end users.
In addition, the company also announced that the new prices are significantly lower - by up to 60 percent in some cases.
"The price for pole access is also falling significantly, which should be of particular benefit to companies aiming to supply rural areas," BT stated, according to a Financial Times report.
Meanwhile, BT’s arch rival Virgin Media expressed its reaction on this latest price cut by saying, "Whilst today’s revised pricing is a belated acknowledgement that certain basic charges were too high, there remains significant disparity between what BT is proposing and what industry knows the costs to carry out the work are."