Statement: BT regulatory financial reporting

  • Start: 04 December 2018
  • Status: Statement published
  • End: 18 January 2019

Statement published 20 March 2019, further statement published 12 July 2019

Each year BT prepares a set of Regulatory Financial Statements (RFS), which include published statements and information that is submitted to Ofcom privately. Ofcom has completed a review of BT’s obligations for its RFS covering all regulated markets.

Our decisions are set out in two statements:

  • July 2019 statement: On 28 June 2019, Ofcom published its decisions in its review of physical infrastructure and business connectivity services. This document set out detailed regulatory financial reporting requirements for these markets for 2019/20 and following.
  • March 2019 statement: This statement sets out detailed regulatory financial reporting requirements for the wholesale local access, narrowband and wholesale broadband access markets for 2018/19 and following.

What we have decided – in brief (July 2019 statement)

  • Regulatory accounting principles; transparency; audit of the RFS; Reconciliation Report; adjusted financial performance: we have decided to apply the obligations in the wholesale local access, narrowband and wholesale broadband access markets to the physical infrastructure and business connectivity markets.
  • Consistency with regulatory decisions: we have decided to update the requirements to reflect regulatory and commercial changes that impact regulatory financial reporting in the physical infrastructure and business connectivity markets.
  • Preparation, delivery, publication, form and content of the RFS: we have decided to introduce detailed reporting requirements for the physical infrastructure and business connectivity markets. This reporting reflects the regulatory remedies imposed in the respective markets.
  • Network components: we have updated the list of network components so they remain relevant and up-to-date following changes in the physical infrastructure and business connectivity markets.

Main documents

Supporting documents

loading icon

Responses

Responder name Type
BT (PDF File, 1.1 MB) Organisation
BT (addendum) (PDF File, 504.5 KB) Organisation
CityFibre (PDF File, 674.3 KB) Organisation
Independent Networks Cooperative Association (PDF File, 115.9 KB) Organisation
Infrastructure Investors Group (PDF File, 848.6 KB) Organisation
Load more