Finnish regulator says it is probing broadband fees

May 05, 2010
People walk by Elisa telephone operator in 2003. An investigation requested by TeliaSonera into the monthly fees charged by rival operator Elisa for the use of its broadband network found Elisa to be charging "unreasonably high" prices for the service, FICORA said.

Finland's communications regulator is investigating five telecom operators on suspicion of irregularities and illegalities in broadband wholesale pricing, it said Wednesday.

"The authority has discovered flaws and problems in the pricing of several telecom operators, and there is even reason to suspect that unlawful activity occurs in the market," the Finnish Communications Regulatory Authority (FICORA) said in a statement.

An investigation requested by TeliaSonera into the monthly fees charged by rival operator Elisa for the use of its found Elisa to be charging "unreasonably high" prices for the service, FICORA said.

It ordered Elisa to slash fees to levels "based on actual costs" within three months and set price-caps for its network leasing fees.

FICORA said it began its probe into the fees of five operators in February to reduce broadband wholesale prices to "a reasonable level" and to prevent key market players from monopolising prices and thus hindering competition.

The investigation would continue until next year unless operators acted voluntarily to revise fees, it said.

Explore further: Making smartphone browsing 20% faster while reducing power consumption by 40%

add to favorites email to friend print save as pdf

Related Stories

Top mobile operators unite against 4G fees

Jun 22, 2006

Six European mobile operators have joined forces to ensure that introducing fourth-generation cell phones will not cost as much as 3G's $184 billion rollout.

Recommended for you

US official: Auto safety agency under review

8 hours ago

Transportation officials are reviewing the "safety culture" of the U.S. agency that oversees auto recalls, a senior Obama administration official said Friday. The National Highway Traffic Safety Administration has been criticized ...

Out-of-patience investors sell off Amazon

8 hours ago

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand ...

Ebola.com domain sold for big payout

9 hours ago

The owners of the website Ebola.com have scored a big payday with the outbreak of the epidemic, selling the domain for more than $200,000 in cash and stock.

Hacker gets prison for cyberattack stealing $9.4M

13 hours ago

An Estonian man who pleaded guilty to orchestrating a 2008 cyberattack on a credit card processing company that enabled hackers to steal $9.4 million has been sentenced to 11 years in prison by a federal judge in Atlanta.

Magic Leap moves beyond older lines of VR

13 hours ago

Two messages from Magic Leap: Most of us know that a world with dragons and unicorns, elves and fairies is just a better world. The other message: Technology can be mindboggingly awesome. When the two ...

User comments : 0