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Why are UK telecoms firms imposing inflation-busting bills?

https://www.theguardian.com/business/2023/jun/27/why-are-uk-telecoms-firms-imposing-inflation-busting-bills

Exclusive: Ofcom is facing calls to intervene after companies pushed through prices rises of up to 17% this year

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Well it sees to be clear why:
Profiteering: The act of taking advantage of a situation in order to make a profit, usually by charging high prices for things people need.

But then, this is the regulatory body put in place to keep these giants in check "taking a close look at these issues to consider whether tougher protections are needed"

snota

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Probably written by a person that happened to work for BT not long ago.

Tenkian

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Probably simple greed. Because they can.