Exact(6)
But it is the one Ofcom has settled upon and it avoids the costs and hassle of a full breakup.
If the company rejects the order, a full breakup might be required, the agency said in a statement.
"We are pleased that the P.U.C. has stepped back from this idea" of a full breakup, Daniel Whelan, the president of Verizon's Pennsylvania business, told reporters.
But others at the RDG favoured a full breakup, arguing that his plan could fail to "attract investors if the centre was still holding control".
The move is only a partial victory for BT's rivals, which have to access to the network to provide their own services to customers, who have lobbied heavily for a full breakup of Openreach.
In that report he recommended the stock partly because "we think there is a chance it pursues a restructuring eventually, including possibly divesting publishing or AOL, or even a full breakup of the company into is four logical components".
Similar(54)
This album is full of breakup songs.
And at least one large shareholder is publicly criticizing Ms. Bailey's lack of newspaper publishing experience and calling for a full-scale breakup of the company.
But with the company's shares having risen about 60 percent this year — they closed on Friday at $48.69 — Ingersoll executives felt less pressure to pursue a full-scale breakup of the company, one of the people briefed on the matter said.
A breakup? Full fiscal and political union?
Shaw has said a full privatisation and breakup of Network Rail is among the options on the table.
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