Consultation: Regulatory financial reporting - Consultation on proposed directions to BT arising from the Wholesale Local Access and Wholesale Broadband Access market reviews

In this document we consult on a set of draft directions relating to BT’s Regulatory Financial Reporting obligations. These implement and support the proposals we made in our ongoing reviews of the Wholesale Local Access and Wholesale Broadband Access markets, including those set out in our:

• March 2017 WLA Consultation;
• April 2017 Duct and Pole Access (“DPA”) DPA Consultation (PDF, 1.9 MB) and the August 2017 DPA Pricing Consultation;
• WLA Network Expansion Consultation (PDF, 474.4 KB);
• September 2017 WLA Consultation; and
• 2017 WBA Consultation.

This document also sets out a proposal to modify the current direction we imposed in the 2014 Fixed Access Review for the purposes of preparing the 2017/18 RFS in relation to the attribution of cumulo rates (business rates charged by the UK rating authorities on BT’s network assets). This is in light of the fact that a new rating valuation will be in place for 2017/18, so that BT would no longer be able to comply with the current direction should it remain in its current form. We will take all responses

We invite responses to this consultation by 15 January 2018.

We will take all responses to this consultation into account before reaching our final conclusions which we plan to publish in a statement early next year.

Draft statement published 23 February 2018

This draft statement sets out the conclusions of our wholesale local access market review in relation to the UK excluding the Hull Area.