SKY : Statement from Sky on proposed Openreach reform

Jeremy Darroch, Group Chief Executive, Sky said:

'Today's proposal to create a legally separate Openreach is a step in the right direction, although falls short of the full change that would have guaranteed the world-class broadband network customers expect and the UK will need.

In particular, leaving Openreach's budget in the hands of BT Group raises significant questions as to whether this will really lead to the fibre investment Britain requires.

At the end of the day, Ofcom's changes will only work if they deliver better outcomes for customers.

It's now important that the changes Ofcom have mandated today are implemented rapidly, fully and without dilution. We are encouraged by Ofcom's stated commitment and willingness to use its powers to hold BT's feet to the fire.'