Slovak Telekom facing fines for wholesale pricing

25 Jun 2014

Deutsche Telekom-owned operator Slovak Telekom is likely to be fined by the European Commission (EC) later this year for charging unfair wholesale prices in Slovakia. A Reuters report, which cites two sources ‘with knowledge of the matter’, says the EC is expected to dish out fines in September for the operator’s wholesale pricing in the broadband market which made it impossible for retail providers to operate profitably. The EC first highlighted the issue back in 2012. Slovak Telekom is the dominant force in Slovakia’s fixed broadband internet access market, with 522,000 retail and wholesale accesses at the end of 2013, up from 481,000 a year earlier, TeleGeography’s GlobalComms Database states.