Spanish Regulator Cuts Termination Rates, Tries To Boost Competition

Spain's national telecoms regulator, the CMT, has ordered the country's three mobile network operators to cut their termination rates by an average of 16.6%. The CMT said that a recent analysis of the market for termination rates had revealed a lack of competition, with all three operators in a dominant position to set their own prices. Under the ruling, market leader Telefónica Moviles (TEM) must cut its termination rates by 15.85% every six months, Vodafone Spain by 16.28% while Amena, owned by France Telecom, must reduce its charges by 17.78%. The CMT has set a target price of EUR0.06, which

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