Monday, December 29, 2008

EU CLEARS SPANISH REGULATION ON FAST INTERNET

Madrid, December 28, 2008
The Economic Times

The European Commission has cleared a Spanish draft regulation on wholesale broadband Internet access, which will allow Telefonica to limit access for rivals to parts of its new fibre-optic network.

In a press release posted on the European Commission's website Dec. 24, the Commission said it had given the Spanish regulator, the CMT's, draft the green light, but added it still had concerns on certain elements of the regulation. The Commission said it believed wholesale broadband access for Telefonica's rivals should not be limited for Internet speeds of up to 30 megabits per second.

"On the basis of the Commission's presently limited powers of oversight, it can only invite the CMT to change its regulatory approach in this regard," it said.

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