As we expected, British Telecommunications Plc’s kicking and screaming over the Office of Telecommunications’ volte face on access charges, was bluff and hot air: the company has accepted Sir Bryan Carsberg’s right to waive access charges for competitors on a case by case basis under a regime that will run until 1997; the acceptance lifts the threat of a Monopolies & Mergers Commission referral and means that the government’s plans to float part or all of its remaining 48% can proceed on schedule.
