Full Deregulation in the UK Telecoms Market
From an Ofcom letter I just received with my phone bill:
‘…on 1st August 2006, Ofcom, the UK telecoms regulator, ended the formal controls on the cost of phone line rentals and calls from BT. This will leave all phone companies, including BT, free to set their own retail prices for consumers.’
Hoorah! It’s taken a long time, but it’s good to see Ofcom finally taking this important step towards maturity in the UK telecoms market. Less government interference in such a crucial technological industry can only be a good thing. Whether they will take the next logical step and dismantle the now redundant tax-funded part of their organisation remains to be seen.
Now here’s hoping for full and proper deregulation of some other utilities: post, water, gas, etc…
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