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General

Spain confirms average fixed termination rate cut of 85%

Friday 3 October 2014 | 11:24 CET | News
Spanish telecoms regulator CNMC has confirmed an 85 percent average cut to fixed termination rates following a period of public consultation. The watchdog reduced the termination rate payable by alternative operators by 89 percent, while incumbent Telefonica's rate was cut by 80 percent. As a result, asymmetric fixed termination rates have been eliminated, with the rate finally set at 0.0817 euro cents per minute for all operators. Previously, alternative operators were allowed to apply a 30 percent mark-up on Telefonica's rates.

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Categories: General
Companies: CNMC / Telefonica
Countries: Spain
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