BT Group to pay record £42m fine and £300m compensation
Tue, Mar 28, 2017 - 5:50 AM
BT estimated the compensation it will have to pay at £300 million, though the amount may still change. The carrier will also pay a £300,000 penalty for failing to provide information to Ofcom.
BT Group Plc was fined a record £42 million (S$74 million) and ordered to pay another £300 million to competitors after an investigation found the former phone monopoly failed to adequately reimburse them for service delays.
The UK communications regulator Ofcom levied the...