Ofcom update: Cheaper charges for UK consumers to end phone contracts

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Charges that consumers face for leaving their landline phone contracts early will be cut by as much as 85 per cent, Ofcom announced.

Over the past 18 months, Ofcom has been working with the three biggest UK landline providers, BT, TalkTalk and Virgin Media, to ensure that the charges they levy when customers end their contracts early (“early termination charges”), reflect the costs that the providers save by no longer providing the service. Cheaper early termination charges will also apply to landline customers who receive broadband in the same package.

The full news release can be found here: Ofcom - News update

Mark Burcher