Post Office broadband service to be launched under deal with BT
The Post Office will launch a broadband service later this year under a strategic partnership with BT Wholesale, it was announced today.
The agreement marks a key step in the Post Office’s drive to expand its range of services and products to generate new revenues to support the branch network by helping replace lost income from a decline in its traditional business.
“The agreement provides the platform to enhance the Post Office’s existing HomePhone service while offering customers some of the best deals in the market for both voice and internet broadband services.”
Under the four-year deal, BT Wholesale will provide an integrated range of telephony and broadband services.
It builds further on the Post Office’s growing range of new services and products, including car and home insurance, Instant Saver accounts, the Post Office credit card and personal loans, as well as increasing sales of foreign currency and travel insurance.
The first benefits from the agreement will be unveiled next month when Post Office HomePhone launches a new price and service package that will strengthen further its existing competitive offering. HomePhone has already won 400,000 customers with the lowest line rental prices of any major provider if payment is by direct debit, along with itemised billing, and discounts against favourite numbers.
Work is already underway by the Post Office to launch a broadband service in the autumn that will compete head to head with the major players in the market.
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