Following a review of the UK telecoms industry by Ofcom, the industry regulator confirmed a new regulatory settlement on 22 September 2005.
The settlement was agreed after Ofcom accepted legally binding Undertakings from BT. It is based on the principle of focusing regulation only where it is needed and rolling it back elsewhere.
The settlement will deliver clarity and certainty to the whole telecoms industry. It represents the biggest regulatory change since BT was privatised more than 20 years ago and we believe it will mark the start of a new era of investment and innovation.
For more information on the Telecommunications Strategic Review (TSR) settlement and what it means, see the related presentations, or follow the website links below.