PT faces fine

18 Dec 2007

Portugal Telecom (PT) is facing a fine from the Portuguese competition authority Autoridade da Concorrencia (AdC) for alleged abuse of its dominant position in the fixed line market. The regulator is investigating PT’s offer of discounted line rental charges, Thomson Financial reports citing local newspaper Diario Economico. PT was fined EUR38 million (USD55 million) in August this year for denying cable operator Cabovisao access to its networks.

Portugal, PT Portugal (MEO)