<p>The Government is committed to supporting competition in the UK’s fixed telecoms market. Our strategy aims to support market entry and expansion by making it as easy and attractive as possible for people to invest in, and build, networks. The Government’s Statement of Strategic Priorities for Ofcom, published in 2019, requires Ofcom to set stable and long-term regulation that incentivises network investment and ensures fair and effective competition between new and existing network operators. Ofcom must take this strategic priority into account when reaching its decisions, such as when considering offers from Openreach.</p><p>The Government has noted Ofcom’s decision to allow the Equinox II offer to proceed. Ofcom’s conclusion is that Equinox II is consistent with promoting network investment and competition, thereby delivering better consumer outcomes. Regulation of the fixed telecoms market remains a matter for Ofcom which is an independent regulator.</p><p>More broadly, competition is thriving in UK fixed telecoms, with over 100 companies now building gigabit-capable networks thanks to the Government’s policies to prioritise competition and investment.</p>