Telenor hit with NOK 788 mln competition fine for holding back 3rd mobile operator

(Telecompaper) Norway’s Competition Authority has fined Telenor NOK 788 million (EUR 83.5 million) for abusing its dominant position on the Norwegian mobile market. Competition Authority director general Lars Sorgard said the regulator concluded that Telenor created barriers for the development of a third mobile network in Norway, which is a serious infringement of competition law. Telenor said it disagrees with the fine and plans to appeal.
Source: Industry News (syndicated from Telecompaper.com)