A POSSIBLE 15% PRICE CUT ON BROADBAND

Wednesday, February 23, 2011
The Industry regulator for communications said that the prices in the rural areas, where the main broadband service provider is British Telecom, the prices may be revised and reduced. The consumers who are planning to change their service provider may want to wait for the Ofcom ruling, and see how it affects them.This will be very good news for the approximately 3 million people in rural areas who have been facing problems with increasing electricity and gas bills as there may be a drop in their broadband bills between 10.75 per cent and 14.75 per cent. This will be a welcome change and the people will save huge amount every year from their broadband providers.

Ofcom assured that the price cuts that are to be enforced will benefit more than 12% of the United Kingdom. Norfolk, Yorkshire, Scotland, Wales, and Cumbria are the areas that will gain the maximum benefit from the proposed price cuts.Regulators revealed that Ofcom aims to incentivise British Telecom wholesale and improve its performance and efficiency. This may result in cheaper services provided to the customers as it will be cheaper for the communication providers to roll out their service, hence, benefiting the whole area.Those who may not be gaining from the price cuts may want to change their service provider to cut down on their utility bills.

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