DNA Plc: Availability of fibre local loops improving between telecom companies, and wholesale prices going down

DNA PLC STOCK EXCHANGE RELEASE 15 MARCH 2018, 12:00 (EET)The Finnish Communications Regulatory Authority has issued significant market power (SMP) decisions concerning local loop and bitstream markets (M3). The decisions contain regulations about maximum wholesale prices which the three largest...

London, 15/03/2018 (informazione.it - comunicati stampa - telecomunicazioni)

DNA PLC STOCK EXCHANGE RELEASE 15 MARCH 2018, 12:00 (EET)

The Finnish Communications Regulatory Authority has issued significant market power (SMP) decisions concerning local loop and bitstream markets (M3). The decisions contain regulations about maximum wholesale prices which the three largest telecommunication companies must follow when renting fibre local loops. 

As of 15 June 2018, the highest permitted monthly rate on DNA's network is EUR 13.50 for an FTTH local loop and EUR 21.50 for an FTTB local loop. These maximum prices are valid for three years.

The maximum prices of fibre local loops do not affect DNA's 2018 profit guidance or medium-term financial targets.

For more information, go to the Finnish Communications Regulatory Authority website: https://www.viestintavirasto.fi/en/steeringandsupervision/promotingcompetition/smpdecisions/kiinteaanverkkoonpaasyntukkumarkkina.html

Jukka Leinonen, CEO, DNA Plc, tel. +358 44 044 1000, jukka.leinonen(at)dna.fi
DNA Corporate Communications, tel. +358 44 044 8000, viestinta@dna.fi

is a Finnish telecommunications group providing high-quality voice, data and TV services for communication, entertainment and working. DNA is Finland's largest cable operator and the leading pay TV provider in both cable and terrestrial networks. For DNA, the key area for growth in corporate business is the new way of working, independent of time and place, facilitated by smart terminal devices, diverse communications services and rapid connections. In 2017, DNA recorded net sales of EUR 886 million and an operating profit of EUR 124 million. DNA has more than 3.9 million subscriptions in its fixed and mobile communications networks. The Group also includes DNA Store, Finland's largest retail chain selling mobile phones. DNA shares are listed on Nasdaq Helsinki Ltd. For more information, visit www.dna.fi or follow us on Twitter @DNA_fi and Facebook.