Openreach eyes further fibre discounts after Ofcom blocks price cut Telecoms Openreach is considering further targeted fibre discounts over the next five years after Ofcom blocked its most aggressive attempt to cut wholesale prices, the BT-owned network told City AM. The broadband giant said it remained open to competition in different parts of the country after the regulator approved a separate £50 rebate for new full-fibre [...]
Tesco Mobile breaches £600m debt facility after reporting failure Telecoms The UK’s biggest virtual mobile network operator has breached the terms of its debt facility after a reporting shortfall, City AM can reveal. Tesco Mobile, which has more than 5m customers and is owned by Virgin Media O2 and Tesco, identified a breach in covenants in the funding agreement it has with the Royal Bank [...]