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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," | June 1, 2023: Federal Cartel Office responds to accusations of Vodafone and its subsidiary Vantage Towers by 1&1. “It is clear that to develop its own mobile phone network a company has to make high investments and take entrepreneurial risks when taking such a step. It is a key task of competition law to set fair rules of play for companies’ business practices,” said Andreas Mundt, President of the Bundeskartellamt, when announcing the investigation,"Andreas Mundt, president of the Federal Cartel Office, said in a statement. "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," He added<ref>https://www.marketscreener.com/news/latest/Vodafone-faces-German-probe-over-suspected-obstruction-of-1-1--44022883/ | ||
https://telecoms.com/522054/germany-probes-11-claim-against-vodafone/</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>. | ||