Vodafone CEO renews calls for BT to be split from infrastructure arm amidst Ofcom review
Vodafone CEO Vittorio Colao said the operator would consider investing in Openreach if the infrastructure firm was split completely from parent company BT, as rivals renewed calls for Ofcom to separate the two.
Openreach builds and maintains BT’s network of copper and fibre-optic cables, but telecoms regulator Ofcom said it is considering spinning it off as a separate company as part of its first strategic review in to the broadband market for a decade.
Colao said one condition for Vodafone to invest in a national broadband company would be that all internet service providers, including Sky, TalkTalk, Vodafone and BT itself, would have equal access to its infrastructure.
“We would be prepared to buy some equity in a vehicle that could deliver fibre in good conditions to us and others,” Colao explained.
“Whether that is an independent Openreach or another company, we’ll have to see. We think it is much better to share and compete at a service level.”