BT response to the consultation - Ofcom's approach to risk in the assessment of the cost of capital

BT response to the consultation - Ofcom's approach to risk in the assessment of the cost of capital

Issued 26th January 2005
 
Executive Summary

BT responds to Ofcom's consultation on a number of issues relating to the calculation of the cost of capital for regulatory purposes.  The issues include assessing an appropriate level for the equity risk premium, whether Ofcom should assign different rates of allowed return for different parts of BT, and how the regulatory regime should take account of the riskiness of investments.
 
Download BT's main response as a PDF document
Download the Annexes to the response also as a PDF document 
 
Comments should be addressed to Michael Doodson at michael.doodson@bt.com