TeliaSonera given four weeks to cut prices

(AFX) TeliaSonera AB has four weeks to cut its interconnection fees for fixed line telephony by an average of 10 percent, or face a 100 million kronor fine, the Swedish telecoms regulator PTS said.

PTS said TeliaSonera’s fees are too high.

“TeliaSonera has market dominance with regards to fixed line telephony which makes it important that other operators can buy these services at competitive prices,” PTS said.