Shame
It's a shame that the infrastructure that results from this won't end up being owned by the taxpayer. A government funded proper FTTP roll-out, fair enough BT doing the build, then any from a wide range of comms provider can pay to provide service to customers.
It's not like trains where privatisation just results in local monopolies rather than national monopolies. With this there would be no physical or technical barrier preventing a whole host of comms providers from running services to customers in the same town/street. Plus the taxpayer gets to make money back over the long-term and ends up owning a decent blob of national infrastructure. Plus it would give Ofcom something to do.
It seems like a bunch of public money given to a private company to build themselves a nice expensive train set that we'll only be allowed to play with at weekends. And at a price we're powerless to ever argue against.