Vodafone expecting favorable EC decision on Portugal fiber access

|By:, SA News Editor

Vodafone Portugal (VOD -1%) is counting on a positive outcome with the European Commission, which it expects will force an opening of Altice's (OTCPK:ATCEY) fiber network to rival firms.

The EC had opened an early probe into decisions by Portugal's telecom regulator not to force Altice-owned MEO (the market-leading pay TV and broadband provider) to allow others onto the fiber net.

With a ruling due by the end of the month, Vodafone Portugal chief Mario Vaz says arguments are lining up that suggest open access is coming: "We expect a positive result for Portugal."

Such a move would build incentives for co-investment and greater competition in currently noncompetitive parts of the country, he said.