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Broadband

CNMC to deregulate Spain-Canary Island cable route

Wednesday 7 June 2017 | 09:44 CET | News
Spanish communications and competition regulator CNMC has opened a public consultation into its proposal to deregulate the submarine cable route between the Spanish peninsula and the Canary Islands. The CNMC said Canalink, the only cable operator providing an alternative to the incumbent (Telefonica), has consolidated its position, becoming the operator with the largest share of the wholesale market. The entry of Canalink has in fact led to considerable price reductions of the capacity handled over the route, said the CNMC, adding that it therefore proposes to eliminate existing obligations within a period of two months after it receives market approval.


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