FILE PHOTO: The brand of Switzerland’s Swisscom telecommunications is seen at an workplace constructing in Zurich, Switzerland November 22, 2016. REUTERS/Arnd Wiegmann/File PictureReuters
ZURICH (Reuters) – Switzerland’s Federal Communications Fee (ComCom) has retroactively reduce some regulated costs that Swisscom costs rivals, the company stated on Tuesday after concluding that a few of its costs have been too excessive.
“Responding to requests from Sunrise and Salt, the Federal Communications Commission has reviewed the prices charged for the regulated telecoms services offered by Swisscom. In many cases, these prices have been reduced with retroactive effect for the 2013–2016 period,” it stated in an announcement.
The regulator made the transfer after calculating costs for the primary time on the premise of contemporary fibre-optic expertise fairly than typical copper cabling as up to now.
Swisscom stated it was contemplating whether or not to file an attraction with the federal administrative court docket. The federal government-controlled telecommunications firm stated it had already constructed monetary reserves for the case and reaffirmed its 2019 outlook.
Its shares nonetheless turned destructive after the information and have been down zero.four % by 0835 GMT.
ComCom decided that charges for unbundled copper subscriber traces ought to have been some 10–25 % decrease than these supplied by Swisscom, whereas charges for provider line providers have been to be decreased by between 65 and 80 %.
The regulator noticed no drawback with cable duct costs however lowered common prices for community interconnection by round 10 %.
Swisscom took situation with a few of ComCom’s conclusions. “It is only the reductions for leased lines of between 65 percent and 80 percent that Swisscom finds difficult to comprehend,” the corporate stated.
(Reporting by Michael Shields; Enhancing by John Miller)
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