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.