NIOs are intended to provide the basic infrastructure that is essentially to a functioning society in a way that is protected from the volatility of shareholder whims. They provide the basics for innovators to provide services on top of, and without simply placing the entire service burden onto the state through nationalisation.
[^1]: In the case of BT, the business would be broken up to separate the infrastructure (ducts, cabinets, poles, exchanges) from the commercial business and only the infrastructure side would become subject to the national infrastructure regulation
[^1]: In the case of BT, the existing company breakdown into various functions (in particular Openreach, BT Wholesale, BT Retail) should be examined to ensure that open access is provided to all BT owned infrastructure and that competition is fair and open. Particular attention should be paid to intra-BT Group trading and ease of entry into this market for small competitors.
[^2]: In a similar way to BT's telephone infrastructure, mobile operators would be required to transfer their ownership of masts into NIOs with the rest of their business remaining fully private