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BT Group: Profits

Question for Department for Digital, Culture, Media and Sport

UIN 171596, tabled on 18 March 2021

To ask the Secretary of State for Digital, Culture, Media and Sport, whether (a) his department or (b) Ofcom will monitor BT for excess profits on its fibre rollout in the absence of price controls.

Answered on

23 March 2021

In its Statement of Strategic Priorities to Ofcom, the government set out its view that companies making large investments in gigabit capable broadband networks should be able to make a fair return. However, the responsibility for regulating the telecoms market, including monitoring BT’s returns on its investment into full fibre networks is a matter for Ofcom, as the independent regulator.

The government’s view is that Ofcom’s proposed regulations for the 2021-2026 period will allow those deploying networks to make a fair return, whilst ensuring that customers across the country can continue to access world-class broadband at affordable prices.

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.