BT cuts wholesale broadband prices by 40 percent

February 26, 2002, 8:57 AM — British Telecommunications PLC (BT) has cut the price of wholesale broadband connections in the U.K. by 40 percent in an effort to stimulate the growth of "Broadband Britain," the company announced Tuesday.

Beginning April 1, BT will reduce the price of its wholesale asymmetric digital subscriber line (ADSL) product from