CityFibre responds to Ofcom’s decision to approve BT Openreach’s Equinox 2 scheme


Comment

CityFibre responds to Ofcom’s decision to approve BT Openreach’s Equinox 2 scheme

24 May 2023

Comment

In response to Ofcom’s decision to approve BT Openreach’s Equinox 2 scheme, Greg Mesch, CEO of CityFibre, said: “We are disappointed Equinox 2 has been approved and will be undertaking a thorough review of Ofcom’s decision. We are, however, pleased to see Ofcom’s pressure has brought about the end of Equinox, with a commitment from Openreach to make no further changes to its wholesale pricing until April 2026.

“We must not forget that while introducing price discounts to bind its wholesale customers and damage emerging competition, BT is at the same time significantly increasing prices for millions of its retail consumers. Ofcom must ensure that competition is effective and sustainable if consumers are to benefit.”