LONDON--The U.K. Office of Communications, or Ofcom, said
Thursday most of the fixed retail call markets in the U.K. remain
effectively competitive, but BT Group PLC (BT.A.LN) has
'significant market power' in wholesale call origination in the
U.K. and in fixed call termination, excluding the Hull area.
The telecommunications regulator has therefore imposed remedies
including charge controls on BT in these markets, and in relation
to interconnect circuits, it said.
Ofcom said KCOM PLC (KCOM.LN) has significant market power in
the market for wholesale call origination in the Hull Area, and has
also imposed a series of remedies in this market and to
interconnect circuits.
BT shares closed Wednesday at 343 pence, valuing the company at
27.09 billion pounds ($43.38 billion); KCOM shares closed at 91
pence, valuing the company at GBP467.53 million.
Write to Ian Walker at ian.walker@wsj.com
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