Pages Menu
Categories Menu

Posted by on Aug 5, 2013 in Mobile |

Vodafone sues Telecom Italia for 1 billion euros

British telecoms provider Vodafone staff is suing Telecom Italia for abusing its dominant position in Italy, looking for damages of greater than 1 billion euros.

A Vodafone spokeswoman mentioned in an e-mail on Sunday the civil action in Milan mentioned that Telecom Italia dedicated a sequence of abuses from 2008 to 2013 “with the intention and impact of impeding increase in competitors within the Italian fastened-line market”.

Telecom Italia rejected the claim announcing it used to be confident it could show the “total correctness” of its behavior.

Sues Telecom Italia for 1 billion euros

Sues Telecom Italia for 1 billion euros

In may just, Italy’s competition authority fined Telecom Italia about 104 million euros for abusing its dominant market place as owner and supervisor of the use’s largest fastened-line phone network.

Telecom Italia has stated it would enchantment towards the antitrust advantageous, which was once decided after a three-12 months investigation caused by using competitors Wind, Italy’s 1/3-biggest cellular operator, and broadband firm Fast web, a unit of Swisscom.

Read More Article :

Vodafone stated Telecom Italia had caused a loss of clients, constrained Vodafone Italy’s means to grow its fastened-line trade, and compelled it to pay artificially excessive costs to compete out there.

Vodafone Italy, which filed the lawsuit, is 77 % owned by using Vodafone, with the remaining held via the British firm’s U.S. accomplice Verizon Communications.

The lawsuit comes as Telecom Italia is moving beforehand with a plan to spin off its fixed-line copper community, which opponents say offers it a competitive edge.

last month, Vodafone posted a three.5 percent drop in natural carrier earnings with Italy and Spain posting double-digit falls and competitors rising in its as soon as-dependable markets of Germany and Britain.