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Broadband

Spain watchdog orders Red Electrica to lower Reintel fibre revenues

Thursday 19 August 2021 | 14:22 CET | News
Spain's competition and communications regulator CNMC has ordered national grid operator Red Electrica to lower the revenues assigned to its dark fibre unit Reintel, reports business daily Cinco Dias. Under the agreement, Red Electrica will reduce the revenues it attributes to Reintel's regulated activity from EUR 36 million to EUR 8.1 million to prevent consumers from assuming the increase in costs. 

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Categories: Fixed
Companies: Hispasat / Reintel
Countries: Spain
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