UK broadband users to save £270m after Ofcom price review

Regulator finds 40% of customers are out of contract and most are paying too much

Millions of customers are in line to share in savings of more than £270m a year on the cost of their broadband bills, after Ofcom reached agreement with companies on pricing changes and commitments to offer better deals when consumers’ contracts come to an end.

A report released by the telecoms and media regulator found that about 40% of UK broadband customers, 8.7 million, are out of contract and most of them are paying higher prices than they could be if they struck a new deal or changed providers. On average, these customers are paying about £4.70 a month more than their provider’s average price.

Continue reading…

Scroll Up