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Ofcom considers slashing fees for fibre broadband switchers

Under new rules put forward by UK communications regulator Ofcom, switching between superfast broadband suppliers could soon become a whole lot cheaper. Currently, if you switch from one fibre-optic provider to another, Openreach (the company that controls BT's phone and broadband infrastructure) will levy a £50 connection fee against your new ISP, which is sometimes passed down to you. Ofcom's new guidance will cut that wholesale fee down to just £11, possibly saving you money and promoting competition by making it easier for new companies to launch their own superfast services. That's just one of many new regulations being put forward to the European Commission. The watchdog also intends to reduce the minimum-term contract for ISPs from one year to just one month (passing subscription benefits to consumers) and wants to force BT to fix phone and broadband issues within two days, but only when weather permits. All of today's regulations will now be sent to the European Commission for review, and we should see the final decision arrive sometime in June.