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BT to reveal price cuts this week

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BT is expected to reveal details of its much-hinted-at broadband "price cuts" later this week.

Sources claim the monster telco will make its announcement about possible price cuts in the next couple of days.

However, BT remains tight-lipped about any possible announcement even though it has been criticised by some ISPs for leaving them in "limbo" over future plans.

One insider told us: "It is true that BT and its Chief Executive have been dropping hints that something is to happen." However, he declined to say exactly when an announcement would be made.

Whatever is being said publicly it looks like this week could prove to be a busy week for BT.

AFX is reporting that BT is set to reveal "substantial" price cuts for its fixed line customers tomorrow, citing sources from within the monster telco.

Speculation that BT might announce price cuts come as the dominant telco is facing stiffer competition from other operations providing telco services.

Only today it was confirmed that supermarket chain, Sainsbury's, has teamed up with the Carphone Warehouse Group to provide mobile and fixed line telecoms services.

Sainsbury's said it plans to launch the service later this year in response to punters looking for "simplicity and value for money". ®

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