Markets

BT Group frustrated over unfair competition from US competitors

A report from Financial Times on Sunday said that a BT Group Plc executive called the attention of US requiring its telecommunication companies to enable access to their networks at regulated prices, which is the same to rules in place in the United Kingdom.

BT Group Plc is a UK-based telecommunications company with business operation in 50 over countries and gives products and services in 170.  The business' core is in the provision of the communications infrastructures and services, including telephone lines and calls, broadband, mobile, and TV products and services as well as managed networked IT services.  

The president of the British company's Americas unit, Bas Burger informed the newspaper that lack of regularization has interfered with the competition in the United States making AT&T Inc. and Verizon Communication Inc. dominate almost 80% of the telephone and broadband lines used by homes and businesses.

He also added that BT Group must charge consumers more due to the fact that it has to pay large fees to the U.S. rivals to carry data over these wires.

AT&T or American Telephone & Telegraph is the second largest telecommunication company second to Verizon Wireless and provides services and products, including wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking and wholesale services. 

The contracts BT and others have with the U.S. telecoms should be regulated for a guaranteed minimum quality of service, according to Burger.  It was reported that the U.S. telecom companies have no exact time frame for fixing such outage that took down one of BT's networks.

The British telecom regulator Ofcom is considering a breakup of BT, which is the country's prominent provider, after its rivals accused it of abusing its market position and failing to invest in the broadband networks that the competitors rely on.  


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