Telekom Slovenije Provides Further Information on the T-2 Lawsuit

Telekom Slovenije provided clarification regarding the lawsuit from T-2 worth EUR 49.7m.

Telekom Slovenije announced on Tuesday that they have received from the Ljubljana District Court a lawsuit from T-2 for the payment of general damages in the amount of EUR 12.2m, for the payment of loss of profit in the amount of EUR 35.8m and for non-existence of claims in the amount of EUR 1.8m plus interest, fees and charges. The claim is said to represent the damage that the plaintiff is said to have suffered in the period from 1 September 2018 to 31 July 2020.

Yesteday, Telekom Slovenije has followed up by stating that T-2 primarily establishes its claim on allegations of alleged illegal actions of Telekom Slovenije on the wholesale market of local access at a fixed location, on the wholesale market of central access at a fixed location for mass market products, and on the wholesale market of high-quality access at a fixed location.

T-2 calls for alleged violations of regulatory decisions, issued by the Agency for Communication Networks and Services of the Republic of Slovenia, with an alleged abuse of dominant position and concluding limiting agreements by forming non-cost-based prices for individual wholesale services (violation of obligation of ensuring economic repeatability, performing margin squeeze), with alleged violations of the obligation of equal treatment, and by allegedly forming unfair business terms and conditions.

Telekom Slovenije, further added that they operate in accordance with the valid legislation and good business practices and will prove during the course of these procedures that the claim is completely unfounded.

InterCapital
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Category : Flash News

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