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1&1:Regulatory Environment: Difference between revisions
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=== Antenna Sites Obligations === | === Antenna Sites Obligations === | ||
June 1, 2023: Federal Cartel Office responds to accusations of Vodafone and its subsidiary Vantage Towers by 1&1. "Powerful and dominant companies must not unfairly impede other companies. We will therefore scrutinise whether there are sound reasons for a delay in the provision of antenna locations for 1&1," Andreas Mundt, president of the Federal Cartel Office, said in a statement<ref>https://www.marketscreener.com/news/latest/Vodafone-faces-German-probe-over-suspected-obstruction-of-1-1--44022883/</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>. | 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>. | ||