CityFibre’s CEO, Greg Mesch, has expressed disappointment following Ofcom’s decision to approve BT Openreach’s Equinox 2 scheme. In response, Mesch has announced that CityFibre will be conducting a thorough review of Ofcom’s ruling.
While expressing their dissatisfaction with the approval, CityFibre also acknowledged Ofcom’s role in bringing an end to the Equinox scheme. Openreach has committed not to make any further changes to its wholesale pricing until April 2026, under pressure from the regulatory authority.
Greg Mesch pointed out the dual nature of BT’s actions, noting that while the company introduced price discounts to secure its wholesale customers and potentially hinder emerging competition, it has simultaneously raised prices for millions of its retail consumers.
In light of these developments, Mesch called on Ofcom to ensure that competition in the market remains effective and sustainable, emphasizing that the ultimate beneficiaries should be consumers.
