Ofcom has unveiled a new framework for investment in Britain’s broadband networks.

The regulator has challenged the industry to back the proposed rollout of super-fast broadband networks across the country.

Ofcom wants companies to support its new pro-investment plan and commit to the development of broadband services

Ed Richards, Ofcom chief executive, outlined the proposals at the Intellect conference in London and stressed that a regulatory framework would be put in place that enabled operators to "make and keep a rate of return that is commensurate with the risks they are taking".

"We want investment in a competitive environment," he explained. "Over the last few weeks there has been a step change in the level of interest and engagement on Next Generation Access issues from a range of companies and organisations."

The watchdog plans to launch a new regulatory framework for super-fast broadband networks this September.

A recent study by the Communications Management Association warned that business efficiency is being significantly affected by comparatively slow broadband speeds in the UK and called on companies to improve provision.

Sunday, 6th July 2008

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