Question to the Department for Science, Innovation & Technology:
To ask His Majesty's Government what discussions they have had with Ofcom about developing regulatory guidance for telecoms providers on governance, risk management, and internal controls.
The Government and Ofcom keep the financial health of the telecoms market under close review. Ofcom have powers to request financial information from providers where appropriate.
Alongside this, the Government and Ofcom keep regulation of the telecoms market under review to ensure that it promotes resilience and market stability while encouraging investment and innovation. My department regularly engages with Ofcom on these issues.