Telefonica O2 facing anti-monopoly investigation on broadband pricing

7 Sep 2010

Czech news agency CTK reports that the Czech Republic’s anti-monopoly office is launching an investigation into allegations that the country’s dominant fixed line operator Telefonica O2 CR breached rules vis a vis the pricing of its high speed broadband internet connections. The agency’s statement did not cite its source for the story and for its part, Telefonica O2 says it has not been informed of any pending probe by the anti-monopoly office. The watchdog is looking into allegations that the nation’s biggest telecoms firm, which is 69% owned by Spain’s Telefonica, abused its dominant market position.

Czech Republic, O2 Czech Republic (incl. CETIN)