Openreach is a privately owned company headquartered in the UK. It operates as a subsidiary of BT Group. Founded in 2006, the company employs approximately 35,000 individuals and focuses on enterprise connectivity services, having reported $8.2B in revenue as of 2025. Functioning as a key infrastructure provider, Openreach builds and runs the UK's broadband network.
On September 10, 2026, Ofcom set out its decision on the next steps of its phased deregulation of copper broadband infrastructure in the UK, a move designed to support Openreach in retiring the old copper network as customers transition to higher-quality services. Previously, on September 9, 2026, the UK regulator outlined further steps in this phased deregulation, aimed at assisting Openreach in decommissioning its copper network. This decision cleared a major regulatory hurdle for the copper network's retirement, granting Openreach greater pricing flexibility from April 1, 2029, once ultrafast coverage reaches 90 percent of premises in qualifying exchange areas. Ofcom had earlier in 2026 consulted on the specific point at which Openreach could alter the wholesale price of copper or part-copper broadband to incentivize customer migration onto full-fibre broadband.