The cost of fixed telephone line rental will be cut if new proposals from Ofcom are adopted. The regulator wants BT to reduce wholesale line rental for residential customers from £8.74 to £8.39 a month and for business customers from £9.95 a month to £9.17. This equates to around an 8% reduction.
In August, BT, unilaterally, cut the residential WLR charge from £9.24 to £8.74 a month. Ofcom has now asked telecoms firms to submit responses to the proposed cuts by 12 December 2005.