Telmex hit by USD6m fine for breaking tie-in regulations

5 Dec 2012

Colombian competition regulator the Superintendencia de Industria y Comercio (SIC) has issued fixed line operator Telmex Colombia a fine of COP10.77 billion (USD5.93 million) for breaching regulations regarding minimum contract periods for pay-TV services. According to a statement from the watchdog, between 1 January 2009 and 1 October 2010 Telmex charged 9,135 customers a total of COP1.65 billion in penalties for switching to other providers before the end of their contract period. In addition to the fine, SIC has instructed the operator to refund affected customers.