• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Telefónica rivals warn that deregulating ducts will make Internet 1.5 euros a month more expensive

FinanceInternationalCinco Días45 s readAI summary
Image: Cinco Días

Spanish alternative operators are asking the CNMC to reject Telefónica's proposal to replace regulation of wholesale access to its civil infrastructure (the MARCo offer) with voluntary commitments lasting five years. They argue the plan implies a cumulative 116% increase over five years and would raise the cost of fibre access for end customers by 1.50 euros a month. Telefónica estimates a maximum increase of 8 cents, to 16 cents per line per month, and says its rates remain below 2011 levels.

In 45 seconds

  • Alternative operators are asking the CNMC to reject the voluntary commitments scheme proposed by Telefónica for the MARCo offer.
  • Rivals estimate a cumulative 116% increase over five years, with 30% in the first year, and a 1.50 euro monthly increase for end customers.
  • Telefónica puts the maximum increase at 8 cents, to 16 cents per line per month, with cumulative rises of 60% in three years and 2% a year afterwards.
Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

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