Raids have been carried out on Deutsche Telekom AG (DTE), Orange SA (ORA) and Telefonica SA (TEF) by European Union official investigating the reports that Internet providers have been restricting access to companies that offer services requiring high levels of data bandwidth.
The raids on the Internet providers follow on from complaints by Cogent Communications Group Inc. (CCOI), a Washington-based Internet provider whose customers send traffic across the carriers’ networks. Chief Executive Officer David Schaeffer explained :
“The European Commission is focused on ensuring that consumers and entrepreneurs get the services that they pay for and are not being abused by any dominant carriers,” -“Ultimately, all we did was shine a light on these practices.”
All three Intern provider raided today say they have done nothing wrong but as more information comes to light we will keep you updated as always.
Source: Bloomberg