Reform the regulators to ensure markets work in the consumer’s interest October 17, 2013 WHEN should governments intervene in markets? George Osborne recently described the Help to Buy scheme as a “necessary intervention” to fix a specific market failure – the shortage of high loan-to-value mortgages. Aside from concerns that this may pump up a housing bubble, Osborne’s comments – and Ed Miliband’s earlier proposal to inject more competition [...]
Ofcom could hike network fees next year October 10, 2013 MOBILE operators could see the annual fees they pay to use radio spectrum increase 400 per cent, according to a proposal from Ofcom yesterday. The fee increase could lead to higher mobile phone bills if operators decide to pass on the increases to consumers. Ofcom plans to hike the bill for 1800Mhz frequencies from £40m [...]
Mobile operators clash with Ofcom over price hike October 10, 2013 Regulator Ofcom may introduce new licensing fees which could quadruple the cost of using existing mobile spectrum. Speaking to the BBC operators said the increase was "excessive" and Vodafone said it was "disappointed" with the proposals. Ofcom believes the increase was justified based on comparable fees in other European countries. The current prices for the [...]
What the other papers say this morning – 3 October 2013 October 2, 2013 FINANCIAL TIMES FBI raid $1bn Silk Road black market US authorities have seized more than $3m worth of Bitcoins after closing down Silk Road, the online marketplace that allegedly allowed more than a billion dollars of illegal drugs and illicit services to be bought using the virtual currency. As part of the raid, the Federal [...]
UK to test white space technology October 2, 2013 Ofcom has announced that the UK is to be one of the first countries in the world to test white space technology. 20 public and private organisations will be participating in Ofcom's pilot program in the next six months. White spaces are the gaps in the frequency band used to broadcast digital terrestrial TV. Ofcom [...]
Inside Track: More than one elephant in the Royal Mail sorting room September 25, 2013 IT’S NOT hard to identify the biggest of the elephantine threats to Royal Mail’s imminent stock market listing, which heralds the most contentious privatisation since the 1980s. With unions poised to ballot members over the prospect of industrial action within weeks, the prospect of a multi-day walkout at the precise time that the company’s shares [...]
Tesco enters the tablet market with £119 Hudl September 23, 2013 GROCERY giant Tesco unveiled its first foray into the consumer electronics market yesterday with the £119 Hudl tablet. Tesco said launching a tablet is an important step, “meeting the 21st century needs of customers”. The tablet’s price point missed analyst’s expectations, coming in above the £99 that was predicted last week. While the launch will [...]
Media groups seek improved service from BT Openreach September 22, 2013 BT OPENREACH, the infrastructure arm of the telecom giant used by BSkyB, TalkTalk and others to run their home phone and broadband offerings, has been labelled “consistently poor” by those who rely on the service. Ofcom, which is closing a consultation on BT Openreach’s performance on Wednesday, has been inundated with complaints from the industry. [...]
Ofcom will take over delayed auction of 4G September 15, 2013 THE MINISTRY of Defence (MOD) will delay the sale of valuable 4G spectrum to mobile operators by two years as it hands over management of the sale to Ofcom, the MOD has announced. The minister for defence equipment, support and technology, Philip Dunne, quoted Ofcom’s experience in handling similar auctions as the reason for the [...]
Desmond slams TV regulations September 12, 2013 NORTHERN & Shell founder Richard Desmond warned yesterday that public service broadcasters (PSBs) – the BBC, ITV, Channel 4 and Channel 5 – are being over regulated in the current broadcasting marketplace. “I am fine with regulation where it is fair and flexible, but if it limits growth… and ultimately fails the viewer, then in [...]