Statement: Regulatory Financial Reporting - new regulatory financial reporting directions for KCOM

Each year KCOM prepares a set of Regulatory Financial Statements (“RFS”) which include published statements as well as information that is submitted to Ofcom privately. Ofcom has conducted a review of KCOM’s RFS obligations across all markets in which it is regulated.

In this document, we set out the results of our review. Specifically, we set out a new set of directions relating to KCOM’s regulatory financial reporting obligations in the following fixed telecoms markets:

• wholesale local access market;
• business connectivity markets;
• narrowband markets; and
• wholesale broadband access market.