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1&1:Regulatory Environment: Difference between revisions
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=== Antenna Sites Obligations === | |||
April 27, 2023: A fine proceeding has been opened by the Federal Network Agency against 1&1 for failing to meet its 1,000 antenna sites obligations at the end of 2022. According to a January letter by the authority, up to 50,000 euros fines per location was being considered but it is assumed that the fine will be lower. The proceeding gives 1&1 the opportunity to comment and the more valid the arguments the lesser the fines. 1&1 spokesperson said the proceeding came as a no surprise while adding that "1&1 will take a stand against the authority as part of the hearing<ref>https://www.finanzen.net/nachricht/aktien/maengel-festgestellt-1-1-aktie-unter-druck-bussgeldverfahren-gegen-1-1-eingeleitet-12394793</ref>. | April 27, 2023: A fine proceeding has been opened by the Federal Network Agency against 1&1 for failing to meet its 1,000 antenna sites obligations at the end of 2022. According to a January letter by the authority, up to 50,000 euros fines per location was being considered but it is assumed that the fine will be lower. The proceeding gives 1&1 the opportunity to comment and the more valid the arguments the lesser the fines. 1&1 spokesperson said the proceeding came as a no surprise while adding that "1&1 will take a stand against the authority as part of the hearing<ref>https://www.finanzen.net/nachricht/aktien/maengel-festgestellt-1-1-aktie-unter-druck-bussgeldverfahren-gegen-1-1-eingeleitet-12394793</ref>. | ||
=== White Spots Obligations === | |||
May 25, 2023: According to Handelsblatt research, 1&1 is also far behind on its targets for closing gaps in the network than previously thought<ref name=":0">https://uk.finance.yahoo.com/news/germanys-1-1-far-behind-110258785.html</ref>. In 2018, the company agreed with the Federal Network Agency to build radio towers in 400 areas considered to be lacking coverage<ref>https://www.handelsblatt.com/technik/it-internet/telekommunikation-5g-debakel-ausbaurueckstand-von-1und1-ist-groesser-als-bekannt/29165484.html</ref>. So far, 1&1 has only completed work in seven of those areas and 32 radio towers are currently under construction. The regulatory body had set the dateline for building the towers to Dec. 31, 2021 but has extended it indefinitely. Federal Network Agency has also lowered its target to a maximum of 200 extra tower locations as a result of increased costs<ref name=":0" />. But that may not be company-specific issue though as incumbent operators have also not made great strides in closing the "white spots"<ref>https://www.telcotitans.com/deutsche-telekomwatch/bnetza-concerned-on-4g-rollout-pace/5575.article</ref>. | |||
== References == | |||