By John Glenday

Communications giant BT has been landed with a mammoth £42m fine by Ofcom after it was found to have illegally lowered compensation pay-outs to other telecoms providers for delays in connecting high-speed business lines.

Despite admitting its failure and agreeing to properly compensate the companies involved BT has now been slapped down with a multi-million-pound penalty as an example to others.

Gaucho Rasmussen, Ofcom’s investigations director, said: “We found BT broke our rules by failing to pay other telecoms companies proper compensation when these services were not provided on time. The size of our fine reflects how important Read full story ›

Source: The Drum