Spain’s competition watchdog CNMC announced an official probe into the network sharing agreement made between wireless firms Telefonica and Yoigo over concerns the deal hampers competition, say reports.
The CNMC is exercising its newfound powers to probe telecommunications deals following its absorption of the old telecom authority CMT as well as the competition authority CNC last month.
The network sharing venture was announced by the companies last July and will allow Yoigo to sell mobile services to consumers; Movistar will be able to offer consumers services that use Yoigo’s 4G network.
The probe is reportedly in response to official complaints filed by rivals Vodafone and Orange, both of Spain, which were submitted to the now-defunct CMT and CNC.
Full content: Telecompaper
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