BT Group’s (LON:BT.A) chief executive has warned that indecision over the future of the company’s network division Openreach is costing the UK economy, The Telegraph has reported. In a separate development, the Financial Times has revealed that the former telecoms monopoly has the second-worst funded pension scheme in the world.

BT Group’s share price has been little changed in early morning trade this Monday, having inched 0.29 percent higher to 363.97p as of 09:01 GMT. The advance is largely in line with gains in the broader London market, with the benchmark FTSE 100 currently standing 0.35 percent higher at 6,799.38 points. The telco’s shares have lost some 26 percent over the past year, and are down by more than 23 percent in the year-to-date.

The Telegraph reported yesterday that BT’s chief executive Gavin Patterson had warned that Ofcom’s indecision over the group’s control of Openreach was costing the UK economy, with the company having promised £6 billion of investment once it reaches an agreement with the watchdog.

“At a time when the economy needs everything behind it, to ensure that we’re able to ride out the uncertainty that exists in the Brexit world, we’re sitting here ready to invest £6 billion over the next three years and it’s better that we get on and do that,” Patterson told the newspaper.

In other BT news, the FT revealed that a new report had shown that the former telecoms monopoly had the second-worst funded pension scheme in the world after US chemical giant DuPont. Last month, the FTSE 100 company disclosed that its pension deficit had spiked to £9.5 billion from £6.2 billion just three months earlier. The newspaper quoted Agnes Grunfeld, a vice-president at MSCI, the index provider which compiled the research, as calling the findings ‘uncomfortable’.

“This is a crisis for corporations, and something investors should be paying very close attention to,” she pointed out. The FT noted that BT had declined to comment.