BT is told to repay £95m to rivals

BT was yesterday hit with a £95m bill by Ofcom for overcharging rival telecoms firms for access to its network.

Cable & Wireless Worldwide, BSkyB, Talk Talk, Virgin Media and Verizon are entitled to payouts. The regulator said BT had overcharged them for wholesale ethernet services and must repay them.

BT said it was "disappointed".