Oftel has fired off a range orders to BT to safeguard its commitment to its UK customers and rivals, as the telecomms giant prepares to merge with MCI of the US.
A BT spokesperson slammed the new conditions as ?disappointing?, adding that most UK operators agree with BT that there is sufficient competition in the UK to ensure customer needs are serviced.
Among the obligations include an annual certificate submitted to Oftel?s director general, Don Cruickshank, detailing whether it has breached its regulatory conditions in the UK.
It will also have a new condition added to its licence ?preventing it from doing anything which would jeopardise its ability to provide and finance telecomms services in accordance with its obligations,? explained an Oftel spokesperson.
Cruickshank will also have the power to launch an auditor?s report into whether BT has the systems in place to produce the certificates, added the spokesperson.
The spokesperson also said BT is surprised that Oftel is concerned it may not meet its obligations in the UK once it become globally-focused with MCI. She said: ?Most of our profits are in the UK and the majority of our shareholders and customers are in the UK. We invest #3 billion a year in building our network infrastructure in this country.?
The new regulations follow Oftel?s consultative document published in March, which discusses BT?s competitive obligations in a global market. Cruickshank said: ?The consultative document concluded that the risk of BT?s overseas activities adversely affecting its ability to meet its obligations was small, but that it was a risk which could not be ignored.? Oftel selected the annual review option from a choice of four. It dismissed the options of rigorously monitoring BT?s performance, or prohibiting Concert --BT/MCI?s merged nomenclature -- from operating in a way that aversely affects its ability to service its UK customers, as not providing sufficient regulatory reassurances.
Another idea to secure the adequate resourcing of BT?s UK business as ?representing an excessively instrusive level of regulation,? continued Oftel.
Finding refutes many earlier studies that suggest that galaxies don't have much dark matter at the time of their birth
Boris the robot outed as man in rented robot suit
Mission will provide vital data about the performance of rocket, spacecraft, autonomous docking system and the landing system
The flight will take off from California's Mojave Air and Space Port and could happen as soon as 13th December