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The organisation is seeking to accelerate delivery of next-generation broadband services that can deliver speeds of up to 100Mbps. It argues that such services will benefit both businesses and consumers. While consumers will get web-based HD entertainment content, businesses can look forward to services such as two-way video calls, improved data storage and better teleworking.

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addition super-fast services could help to deliver social benefits such as telemedicine and new services for disabled people.

Ofcom proposes developing clear standards for wholesale products, allowing pricing freedom where there is effective competition and promoting competition based on access to existing telecoms infrastructure.

Ofcom said its proposals are designed to remove barriers to investment and ensure competition and consumer choice in tomorrow's broadband market. The watchdog added that it will ensure that measures are in place to protect consumers to ensure continued availability of services and a smooth transition from copper to new fibre networks in the future.

"The proposals seek to build on the innovation and competition delivered in current generation broadband. To achieve this, Ofcom aims to provide certainty on the future regulatory environment for super-fast broadband," the watchdog stated.