Telefonica de España is not alone
So, when the EU going to fine France Telecom about dragging their heels in unbundling the local loop? (again)
O2 parent company Telefónica has protested innocence after it was slammed by European anti-trust regulators for gaming the broadband market in its Spanish home territory. The firm was yesterday hit with a €152m fine, the second largest in EU competition history after Microsoft's €280m wrist slap. Brussels said Telefónica's …
Telefonica basic broadband price is 39.99 euros/month (£28.50/month) and is typically 1Mb speed (upload is only 128Kb!). The last yr finally saw some other operators offer cheaper ADSL e.g Wanadoo 23 euros/month (£16.50) but still at low speeds. To get the higher speeds from other operators you would still be paying 34+ euros/month. Telefonica service is inept, and often try to rip off customers referring to (very) small print in contracts ... so its basically BT but in Spanish ;-)
I have been paying roughly 50% more than UK ADSL
customers for the last seven years or so. It is wonderful news to hear that Teflonica have been fined €150m for their evil practices. It would be even better news to hear that the penalty would be passed onto their wholesale customers and then onto the retail customers.