Spain’s Telefonica Fined By Regulator


Telefonica is to appeal against a 500,000 euros (£416,100) fine for what the regulator classed as two “very serious” breaches of competition rules in its home market. 

As a dominant market leader, Telefonica have to alert the monopolies regulator, CNMC, of the prices and conditions of new internet and television packages; allegedly Telefonica failed to do so,

-- Advertisement --

The CNMC issued a statement saying the rules were necessary to allow it to ensure a level playing field for other operators.

However, Telefonica have denied the claims stating that it communicates all of its products to the regulator in a timely manner.

The telecoms operator was also found to have stopped access to a number of premium text message numbers run by a rival company, a claim which has also been denied.

The telecoms company is facing growing competition in the Spanish market as more and more customers are shopping around for cheaper deals.


Please enter your comment!
Please enter your name here