BT overcharged network operators £41.7m

BT will have to refund and pay interest on £41.7m it overcharged fellow network operators for rent on 2Mbps trunk services between 24 June 2004 to 30 September...

BT will have to refund and pay interest on £41.7m it overcharged fellow network operators for rent on 2Mbps trunk services between 24 June 2004 to 30 September 2008, Ofcom said in a dispute determination.

Ofcom will now look into whether BT also overcharged Colt, Thus, Cable & Wireless, Virgin Media, Global Crossing and Verizon for certain other partial private circuits (140/155Mbps terminating segment services and 34/45Mbps trunk services), in the light of actual financial information now to hand for 2008/09.

Colt spokesman Gill Maclean said, "At 233 pages, there is much detail to digest. Our initial view is that we are pleased that Ofcom has recognised overcharging has taken place, but we are aware that BT has the right to appeal Ofcom's decision so would not want to make any further comment until the process is complete."

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