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ComReg, Eircom settle on price row

Eircom - Settles with ComReg after challenge
Eircom - Settles with ComReg after challenge

The communications regulator ComReg and Eircom have settled legal proceedings relating to the price Eircom can charge other telecoms operators for using its network.

In August, ComReg cut the monthly wholesale price for local loop unbundling (LLU) line share from €8.41 to 77 cent. Eircom subsequently appealed the decision.

In a statement this evening, ComReg said the proceedings had been settled, and the price would remain at 77 cent.

LLU line share is a product Eircom is legally obliged to offer to competing telecoms operators. It allows them access to the higher bandwidth part of the fixed line so that they can provide broadband without providing a conventional voice telephone service.

BT Ireland welcomed the news, saying it finally brought wholesale prices down to levels seen in the rest of Europe.