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    BT profits AND prices up.

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    papa_umau
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    BT profits AND prices up.

    Post by papa_umau on Fri 31 Oct 2014, 11:59 am

    It was reported today that British Telecom has big profits-rise just a month before they plan to raise prices.

    Profits in their consumer arm leapt by 19% to 463 million in the half-year to September 30th.

    But, the telecoms giant is increasing standard line rental for direct debit customers by 6.25% to 16.99 on December 1st, with call charges also rising.




    It is just a shame that they do not have any true competition like we are seeing just now with the greedy supermarkets.

    This sector badly needs an Aldi or a Lidl to give the telecoms providers a run for their money .


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    Angie baby
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    Re: BT profits AND prices up.

    Post by Angie baby on Sat 01 Nov 2014, 11:53 am

    Yes, but sadly there is no similar option in the telecommunications industry as they all either cartel or price-match very closely with each-other, making it not worth the bother to go to the trouble of switching.

    Another thing: they almost all build in an eighteen month or a two year restriction whereby if you switch within that time you get hammered by a punishment charge.

    There is no doubt that it is us against them in that dog-eat-dog market.
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    papa_umau
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    Re: BT profits AND prices up.

    Post by papa_umau on Mon 03 Nov 2014, 11:35 am

    It is true that OFCOM, the industry regulator, needs to get it's finger out as far as proper regulation of this wide-open market is concerned.

    These watchdogs are supposed to protect the consumers, but they spend more time trying to find ways to get out of doing the job they were set up to do.


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    zathrus
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    Re: BT profits AND prices up.

    Post by zathrus on Thu 06 Nov 2014, 11:33 am

    I will tell you what is needed here: There needs to be some government that will really sort out the unfairness in our society so that the gap between rich and poor starts to be reduced instead of continually growing.

    I don't know what government that might be, as they all talk about creating a fairer society, while nothing changes.

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    Re: BT profits AND prices up.

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