The Swiss Federal Communications Commission (ComCom) retroactivel...
The Swiss Federal Communications Commission (ComCom) retroactively lowered Swisscom interconnection charges an average of 15 to 20 percent from 2004 to 2006, a Swisscom press release said. Swisscom had set aside 449 million Swiss francs (US$389 million) for the…
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period 2000 to 2007 should the regulator find its prices too high. The provisions probably exceed any repayments, so 2007 operating income will see a positive impact, Swisscom said. The cuts left Swiss prices among Europe’s lowest, Swisscom said. An appeal may be filed within 30 days. In two rulings, the ComCom decided Swisscom Fixnet AG overcharged contractual partners for interconnection services in the fixed-network from 2004 to 2006, ComCom said. COLT Telecom AG and Verizon Switzerland AG asked in 2004 that ComCom set interconnection conditions. Verizon Switzerland and COLT Telecom can demand reimbursement of excess payments from Swisscom. Swisscom prices violated some all regulations, ComCom said.