Select Committee on Culture, Media and Sport Appendices to the Minutes of Evidence


APPENDIX 54

Letter to the Chairman of the Committee from the Chairman of BT

  When I appeared before your Committee on 5 February, I said that we were working on developing an improved broadband strategy that BT would be able to announce within weeks. I can now give you the details of the first announcement we are making on this new strategy.

  Broadband is Britain's and BT's future. Today's announcement is designed to kick-start the market by cutting the price of our wholesale products. We are also setting ourselves ambitious targets for increased ADSL connections and will drive forward our marketing efforts to raise awareness and stimulate demand.

  We will be providing the Committee with a further follow-up written memorandum, but I did not wish to delay bringing you up to speed with an announcement which is so germane to your inquiry.

26 February 2002



 
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