Date:01/09/11
Nordic telecommunications company Telenor ASA criticized the Swedish Post and Telecom Agency, saying that a majority of the regulatory body's decisons are rejected by courts and that regulatory uncertainty threatens Sweden's position as an IT-nation.
In an opinion piece published in Swedish business daily Dagens Industri Wednesday, the company cited a survey done by professional services company PricewaterhouseCoopers and lawfirm Mannheimer & Swartling on the behalf of Telenor, which states that two out of three decisions taken by PTS are rejected by courts following appeals.
"There is total uncertainty about PTS regulation as courts regularly reject their decisions," Telenor said. It added that Sweden's poorly functioning telecom regulation is "unique in Europe."
It also said the faulty regulatory framework may lead to the return to monopoly on the Swedish telecoms market, especially since many of the appealed decisions refer to prices set by partly state-owned operator TeliaSonera AB--the owner of Sweden's copper and fibre network--for other telecom firms for using their networks.
"Every year operators invest billions of Swedish kronor to provide Sweden with mobile and fixed broadband. Without clear rules, these investments may end up in other better functioning markets," Telenor said.
Norway's Telenor slams Swedish regulator
Nordic telecommunications company Telenor ASA criticized the Swedish Post and Telecom Agency, saying that a majority of the regulatory body's decisons are rejected by courts and that regulatory uncertainty threatens Sweden's position as an IT-nation.In an opinion piece published in Swedish business daily Dagens Industri Wednesday, the company cited a survey done by professional services company PricewaterhouseCoopers and lawfirm Mannheimer & Swartling on the behalf of Telenor, which states that two out of three decisions taken by PTS are rejected by courts following appeals.
"There is total uncertainty about PTS regulation as courts regularly reject their decisions," Telenor said. It added that Sweden's poorly functioning telecom regulation is "unique in Europe."
It also said the faulty regulatory framework may lead to the return to monopoly on the Swedish telecoms market, especially since many of the appealed decisions refer to prices set by partly state-owned operator TeliaSonera AB--the owner of Sweden's copper and fibre network--for other telecom firms for using their networks.
"Every year operators invest billions of Swedish kronor to provide Sweden with mobile and fixed broadband. Without clear rules, these investments may end up in other better functioning markets," Telenor said.
Views: 852
©ictnews.az. All rights reserved.
Similar news
- Mobile operators of national market to reduce roaming tariffs
- Iran vows to unplug Internet
- China Targeting Telecoms in Corruption Probe
- Bangladesh to use electronic voting system for next elections
- Philippine IT sector to launch five-year digital strategy plan
- Russian Premier Vladimir Putin meets ITU Secretary-General Hamadoun Touré
- US lawmakers propose to regulate use of geolocation data
- Unlimited mobile data plans dying as telcos gear up for cloud future
- Europe at risk of falling behind US and Asia on 4G use
- Netherlands first to regulate on net neutrality
- Korean Co Takes Aim At Display Patents
- Regulators, Banks Look for IT Hires After Breakdowns
- Electron transactions spreading
- Schools in remote rural areas will connect to the single database via network without SIM
- Obama to Personally Tweet From Twitter Account
