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BT will slash costs for customers who only have a landline, after a review by regulator Ofcom. From April 2018, the telecoms company will reduce the price of its monthly line rental by £7, a 37% decrease from the current cost of £18.99. The reduction will save up to a million households £84 a year, and customers will have their rental costs capped at the rate of inflation. Ofcom expects three other providers to follow suit. Nearly two-thirds of BT customers with only a landline are over 65 and more than three-quarters have never switched provider, the regulator said. Ofcom said they had been getting poor value for money in recent years, compared to those who buy bundles of landline, broadband and/or pay-TV services.
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