Landline providers set to cut contract feesMon 21 Jun, 2010 // Firstnumber Team
Customers of the three big landline telephone providers – BT, TalkTalk and Virgin – have agreed to slash the cost of ending a contract early.
Currently, fees for early termination can stretch to as much as £33 however telecoms regulator, Ofcom, have demanded these are cut by up to 85%.
Although the landline providers argued that their fees were not unfair, all three of the market leaders agreed to the price cuts which will now see termination costs come in at as little as £2.
Talking to BBC news, Ofcom said the price cuts were a much needed step in the right direction:
“We very much welcome the reductions made by BT, TalkTalk and Virgin Media which mean that consumers will face much lower charges if they wish to end their contracts early.”
Meanwhile, BT defended charging its customers fees of tens of pounds for cancelling their contracts:
“If a customer leaves within the minimum contract period that they signed up to, they are charged the amount we expected to receive from them, less the cost we save as a result of them leaving early, as this is what we are legally entitled to,” said a BT spokesperson to BBC news.
“However after discussion with Ofcom, we have agreed to reduce the charges for landline (or landline plus broadband) services over the coming months, to help them reach an industry-wide agreement on charges.”
Do you have a landline phone or even a mobile? Making cheap international calls couldn't be easier with Firstnumber's easy to use and affordable direct dial access codes. Check out our 250+ countries from 1p a minute today.
Latest From The Blog
Firstnumber lets me make cheaper calls to my good friends in Australia.
Firstnumber is very clear and it's easy to find the country you're looking for.
The prices are very, very good. Thank you firstnumber!
Firstnumber is straightforward and easy to use.
Firstnumber halves my phone bill every month.
I love firstnumber! I used the service to call friends in Thailand.
I couldn't believe that all those hours of firstnumber call time still cost under £10!
Become a fan on FaceBook
Join our FaceBook fan page to let us know how we can help you connect with businesses, friends & family more easily.
Subscribe to our Offer Alerts
Get updated every time we update our offers for the best deals on cheap international calls with our RSS Feed.
Follow us for great offers on Twitter
firstnumber will be releasing special offers and new cheap landline, feature & mobile numbers over the coming weeks. Get the latest updates direct from firstnumber's Official Twitter Account.