‘Tis the season to remember that old people exist. Well, now and during elections.
It’s cold and we’re approaching Christmas, so Ofcom’s announced a thing for grandmas and grandpas across the land. The regulator has launched a review into landline prices, reporting a 41% rise in real terms since 2010, despite wholesale prices falling by 25% over the same period.
“Our evidence shows that landline providers have been raising the price of line rental, even as their costs have been coming down,” said Ofcom's competition group director Jonathan Oxley. “We're particularly concerned for older and vulnerable customers, who rely on their landline and are less likely to change provider. So we're reviewing this market to ensure these customers are protected and getting value for money.”
I’m going to put my neck on the line and predict that Ofcom won’t find a great deal of evidence of customers getting value for money.
It also wants to find out whether or not any one provider has too much power and expects to publish a consultation early next year. [BBC]
Image: Sam Scholes via Flickr