Spain imposes antitrust fine on Telefonica, Vodafone, Orange

MADRID Thu Dec 20, 2012 7:52am EST

MADRID Dec 20 (Reuters) - Spain's antitrust body on Thursday imposed a 120-million-euro fine on telecommunication companies Telefonica, Vodafone and Orange .

In a statement, the regulator said the three firms were found guilty of fixing artificially high termination prices for text messages.

Telefonica, Vodafone and Orange said they would appeal the decision. (Reporting By Jesús Aguado and Robert Hetz; Editing by Julien Toyer)

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