OTE hit where it hurts: in the package

10 Aug 2010

Greek full-service telecoms operator OTE has been forced to withdraw six fixed line/mobile/broadband discounted bundled packages under orders from the National Telecommunications & Post Commission (EETT), after alternative telcos including Hellas Online, ForthNet and Wind Hellas complained of unfair competition. The watchdog said it made the ruling because OTE introduced the new packages without the prior regulatory consent required of the incumbent due to its dominant status in the infrastructure market, and threatened to fine the former monopoly EUR100,000 (USD133,000) per day if it fails to comply. OTE, part-owned by Germany’s Deutsche Telekom, has criticised the regulator’s move as limiting consumers’ access to low-priced services in an acute economic downturn.

Greece, Cosmote