Nkom confirms Telenor's fine for providing inaccurate margin squeeze information

17 Jan 2019

Norway’s National Communications Authority (Nasjonal kommunikasjonsmyndighet, Nkom) has confirmed that it will impose a NOK4 million (USD468,000) fine on Telenor Norge. In November 2018 the Nkom initially announced the fine, claiming that Telenor had provided incomplete and inaccurate information ahead of a scheduled margin squeeze test which had been undertaken in the autumn of that year. Now, having considered Telenor’s comments regarding the matter, the regulator has confirmed the financial penalty will stand.

In a related decision, meanwhile, the Nkom – which had directed Telenor to reduce the wholesale prices for altnets renting access to its mobile infrastructure, following the margin squeeze test it carried out in November 2018 – has confirmed that it will not need to take any further action in this area, after Telenor voluntarily reduced the prices with effect from 1 December 2018.