The CEO and Vice Chairman of Liberty Global (VMO2), Mike Fries, has told an investor meeting that Openreach’s recently announced FTTP broadband price cuts for UK ISPs (Equinox 2) are a “desperate and premature” move by BT, which he sees as an “overreaction to the market more broadly.”

Source: Boss of Liberty Global Slams Openreach’s “Desperate” FTTP Price Cuts