BT broadband prices may increase by £7 per month
Your broadband bill could soon increase by a staggering £7 per month.
That’s the latest news from Openreach who says they are planning the increase to help get better speeds into more UK homes.
Speaking recently at an event in Birmingham, Sharon White, Chief Executive at Ofcom said the UK still lags well behind other countries for broadband speeds and the communications regulator wants to see more operators rolling out improved fully fibre networks to homes.
But boosting the UK’s speeds costs money and it seems BT wants to hand this investment down to consumers via price hikes.
“The biggest player remains BT.” Said White.
“We welcome Openreach’s commitment to reach two million homes with full fibre by 2020.
“The company has also outlined plans to reach 10 million by the mid-2020s, but dependent on up to £7 a month being added to broadband bills.”
History tells us that, soon, superfast broadband will not be enough
Although UK consumers clearly want faster speeds this increase is unlikely to go down well.
BT has already warned that some users will pay more from January 2018 with prices going up by as much as £30 a year.
The popular broadband supplier confirmed that around 10 million customers will be affected over the coming weeks.
However, despite the costs, Ofcom believes it’s vitally important speeds are increased and improved broadband gets beamed into more homes.
Speaking about the need to sort the current broadband issues, Sharon White added: “We cannot afford to stand still.
“History tells us that, soon, superfast broadband will not be enough.
“Technological developments – from robotics and automation, to cybersecurity and connected devices, to those we cannot even conceive of today – will all demand faster, more secure, more reliable networks.
“The UK is already playing catch-up and without more investment, we risk falling even further behind.