Reuters: Technology News: EU asks Spain to change price proposal for Telefonica

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EU asks Spain to change price proposal for Telefonica Oct 28th 2013, 12:09 MADRID | Mon Oct 28, 2013 7:47am EDT MADRID (Reuters) - The European Commission said on Monday it had asked Spanish regulator the CNMC to withdraw or amend its proposal to set the prices at which Telefonica can sell broadband services on its network to other companies. Spain's telecoms watchdog proposed cutting the price that companies must pay to use Telefonica's network in January, saying it would boost competition in a market the former monopoly still dominates.

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