BT has been urged by one of its biggest shareholders to open talks about the sale of infrastructure subsidiary Openreach.
The company was ordered by Ofcom in July to give Openreach more independence and investment powers, so the broadband subsidiary could be run as a distinct and legally separate company with its own board.
However, the regulator stopped short of calling for a full structural separation, saying its proposals will provide Openreach with the greatest possible degree of independence without separating the companies entirely, and lead to decisions being taken for the good of its customers and the wider telecoms industry.
Ongoing questions over Openreach's future have led to frustrations among investors in BT, including Aviva Investors.
Indeed, the organisation has suggested that BT voluntarily opens talks on the situation in order to get it resolved.
Speaking to City A.M., Head of UK Equities at Aviva Trevor Green said: "We haven’t called for talks on Openreach being split off, but we will discuss the options around it when we see BT’s financial director."
Mike Rake, Chairman of BT, responded by insisting that it has been in constant dialogue with shareholders on the company's structure.
"We are continuously talking to investors about the future of BT and Openreach and we are convinced it is best for BT customers, investors, and the future of the UK’s broadband infrastructure that Openreach remain part of BT," he commented.
A number of BT's rivals are among those actively pushing for a full structural separation of BT and Openreach, including TalkTalk, Sky and Three.