EU warns Spain over wholesale internet plans

Fri Nov 14, 2008 6:01am EST
 
[-] Text [+]

BRUSSELS, Nov 14 (Reuters) - The European Commission warned Spain's telecoms regulator (CMT) on Friday over plans to no longer oblige Telefonica (TEF.MC) to offer rivals wholesale internet at regulated prices.

The EU executive said in a statement it had informed the Spanish regulator it had "serious doubt" over proposals not to force the dominant telecoms operator to share its network with other providers including Vodafone (VOD.L) and France Telecom's Orange (FTE.PA). Until now, Telefonica has had to provide a wholesale ADSL internet service to its competitors in Spain at a regulated price, under rules designed to promote fair competition. (Reporting by Jeremy Smith; Writing by Darren Ennis)

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.   Slideshow 

Most Popular on Reuters

  • Articles
  • Video