Britain's number one cable network, US-owned NTL, is set to introduce high speed unmetered internet access following local trials.

The network currently offers unmetered access at £39.99 per month but – according to The Mail on Sunday – is ready to slash this to a mere £5 monthly as from the new year. This would be charged in addition to NTL’s standard monthly fee of £9.25 for digital TV and telephone services.

If true, the move will almost certainly trigger a price war in the telecoms sector and accelerate the development of broadband services in the UK. Insiders also predict that such a move would propel online purchasing into orbit.

Other price and service packages are also under consideration by NTL, says the newspaper report.

News source: BBC Online Business News (UK)