BT Group's broadband plans gets regulatory boost

Plans by BT Group, the largest fixed-line provider in Britain, to spend $2.1 billion to bring broadband speeds of up to 100 Mbps to 10 million homes by 2012 will not encounter any onerous regulatory obstacles, according to Ed Richards, chief executive officer of Ofcom, the group that regulates telecoms. "I am confident we will lay out a regulatory framework which will clearly enable companies to be free to make a return which justifies the investment they are making," Richards said.

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Reuters · Financial Times (free content) · (U.K.)

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