Telefonica Czech Unit Facing $164 Million Anti-Monopoly Lawsuit

Telefonica Czech Republic AS (SPTT), the country’s biggest telecommunications company, said it is facing a lawsuit over alleged abuse of its dominant market position.

Ceske Radiokomunikace AS, an operator of wireless networks, sued the company over a so-called margin-squeeze, seeking 3.1 billion koruna ($164 million) in damages, the Czech unit of Spain’s Telefonica SA (TEF) said on its website yesterday.

To contact the reporter on this story: Krystof Chamonikolas in Prague at

To contact the editor responsible for this story: Gavin Serkin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.