BT Leased Line Pricing website retrieves in real time as they integrated this with the back-end system of BT. Pricing is also being derived from other trusted and leading providers so that individuals are extended with great deals. Over the previous years, BT has processed more than 15,000 requests for exclusive leased line pricing. However, the BT leased lines price has fallen dramatically, and this is believed to be triggered by several reasons.
How Competition Makes Prices of BT Leased Lines Fall
When the government of UK decided to open up the market of telecoms way back 1981, and provide Mercury Communications the license to compete, BT was given grounds for competition the very first time.
BT’s lapdog, OFTEL
BT was turned into a private entity in 1984, and new regulator was made. The Oftel, also known as the Office of Telecommunications, was about to guarantee fair competition between BT and its competitors. But it came to a point that Oftel has become too sympathetic to BT enabling it to drag over the ADSL introduction and Local Loop Unbunding. This scenario has threatened BT’s monopoly on the line rental and provision of ADSL.
After long years of active operation and existence, OFTEL has come up to the idea that it would be best to force BT to offer leased lines on the basis of wholesale. The overdue and long decision has poses effects to the leased line operations of BT.
The Bust and Dot-com Boom
During the earlier years, individuals cannot open FT without viewing “dot com” and “internet this.” Investors are willing to spend money to anything that will provide them even with a single slice of the online revolution. Many hurriedly spend millions just to build the next generation high speed networks in the business districts of UK’s major cities, but most of them lost their millions and went bankrupt.
Cheap connectivity that leads to higher internet bills consumed larger portion of individuals and companies cash flow leaving them with no amount left. The dot-com crashed, and boom has provided two principal effects. These created numbers of providers undercutting BT Lease Line Pricing and taught investors to get rid of broadband roll-outs that are large-scale fibre in nature.
The unwillingness of carriers to improve and expand their fibre footprints sent an intense signal for telecom regulators making them realize that completion must be wholesale or retail level and no infrastructure level. This results to regulator pulling their fingers out and pushing Loop Unbundling and cost-based and sensible pricing on wholesale services and infrastructure.
OFTEL merged with OFCOM, and it was agreed upon that BT will split its main operations in UK into three independent and operational divisions namely the BT Retail, BT Wholesale and BT Open Reach. These moves really worked. OFCOM has reduced regulation encountered by BT in different areas as consequences.
The credit goes to OFCOM, OFTEL and Local Unbundlers and Reseller for because of them the price of BT Leased Line has fallen to up to 90%. For those who have lost millions, BT can now help these individuals get back on track.