Spain: CNMC fines Telefonica €5m
October 15, 2015
Spain’s anti-trust watchdog CNMC has fined Telefonica €5 million for failing to comply with regulation on renting broadband connections to its competitors for over four years.
The CNMC said Telefonica had applied charges and clauses in the rental of ethernet circuits above those established by the regulators. Telefonica, with cable networks throughout the country, is obliged to share the grid with competitors at regulated rates and under terms set by the CNMC.
The company was informed of the irregularities in 2010 and 2015, CNMC said, adding that they had affected operators including BT, Vodafone and Jazztel.
Other posts by :
- IRIS2 free for government usage?
- Bank: AST SpaceMobile will orbit 356 satellites by 2030
- SpaceX launches 600th rocket
- Starlink: 10m customers and counting
- SES predicts end of ‘big’ Geo satellites
- Amazon Leo gets approval for 4,504 extra satellites
- SpaceX gets a portion of India
- TerreStar wants to build LEO network
- Musk: “No Starlink phone”
