Anyone from BT got time...
.... to explain what possible advantage there is to the market, or even BT, in having a legal seperation, but not actually making OR fully independant of BT?
As far as I can see, the board of BT expect to be able to retain a heavy influence over OR, or there's no commercial advantage to them in not spinning it off. I also can't understand the regulators view in seperation being preferable to spin off. What real world benefits accrue to the cutomer?
I'm genuinely confused at the thinking and hoping there's an insider with enough context to explain please?