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BT Openreach separation plans not enough for regulator Ofcom

Feb 02, 2017 - City A.M.
Board and Executive Moves

BT'S PLANS to make Openreach more independent by bolstering its board have been rebuffed by regulators as falling short of their requirements.

Openreach held its first board full meeting this week and announced the appointment of Sir Brendan Barber, the former general secretary of the Trade Union Congress, and former National Grid board member Edward Astle as independent directors. Regulator Ofcom wants Openreach, which owns most of the UK telecoms infrastructure, to be legally separated f...