January 25, 2006
BT to face competition from AOL for British broadband market
AOL has declared its intentions to directly compete with in the British broadband market. It will be offering an in house broadband internet service rather than reselling BT offering. It has plans to install equipment in 300 local exchanges throughout U.K. This will enable the company to access 20 % of the country’s population with the new service. If the demand exceeds the expectations it will further invest £70 million for a thousand more exchanges. This move by AOL will further increase the level of competition for high speed internet access across U.K. and ensure competitive pricing for the consumers.
via [TeleClick]
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