BT announces voluntary agreement to legally separate from Openreach
Ending a long period of negotiations with Ofcom, BT announced today its voluntary agreement to legally separate from Openreach. Ofcom confirmed that “it will no longer need to impose these changes through regulation??? as initially proposed last year and welcomed BT’s decision. This is a significant reform for the BT Group as Openreach will now become a distinct company with its own staff, brand and Board which will be able to make independent decisions on strategic investments affecting other telecoms providers.
