BT cuts cost of ‘ultra-fast’ broadband

BT has cut the monthly wholesale costs of its “ultra-fast” broadband service aimed at small to medium-sized businesses by more than a third, although the initial one-off costs to install the fiber network will be higher than expected for broadband providers. BT will say that Openreach, its functionally separated business that builds wholesale fiber networks across the UK, will next summer charge broadband providers £38 a month for its 330Mbps fiber-to-the-premises (FTTP) service, down from £60 a month currently.