Dark Fiber
The National Commission for Markets and Competition has authorized the operation, although Lyntia will have to make several commitments with this to ensure that barriers to other agents are not created or free competition is prevented.
It is, in particular, two obligations. On the one hand, Lyntia must maintain the contractual conditions to the clients of the entity that results from the operation, which implies that it will not unjustifiably terminate the current contracts and offer them an extension to those that expire in ten years . The second commitment implies access to other agents to its dark fiber network in Spain , in the different existing commercial modalities and with reasonable conditions, during the next five years. The CNMC requires Lyntia to inform you periodically to verify that it meets these guidelines.
Lyntia and Iberdrola announced in March an assignment agreement, valued at 260 million euros , under which the former will exclusively obtain the right to long-term use of 15,000 km of surplus optical fiber in Spain, distributed by the Basque Country, Valencian Community, Castilla La Mancha and Community of Madrid. The operation also includes the acquisition of the portfolio of contracts with fiber optic clients , both dark and illuminated, from the energy company - those to whom Lyntia must now maintain the conditions.
The so-called dark fiber is that fiber installation that is not used but is prepared for the use of future customers; With the current growth of fiber optic customers , it is assumed that your property will be an important asset for companies in the coming years. Lyntia is one of the main operators in the dark fiber market, since it accumulates more than 90% of the market together with Reintel , the other main agent. Iberdrola, meanwhile, maintains its own fiber network within its electricity distribution infrastructure and networks deployed by third parties, which it markets in the form of wholesale telecommunications services.
The transfer operation exceeds the 30% market share threshold established in the Law on the Defense of Competition, so it has had to submit to the scrutiny of the agency in charge.
It is, in particular, two obligations. On the one hand, Lyntia must maintain the contractual conditions to the clients of the entity that results from the operation, which implies that it will not unjustifiably terminate the current contracts and offer them an extension to those that expire in ten years . The second commitment implies access to other agents to its dark fiber network in Spain , in the different existing commercial modalities and with reasonable conditions, during the next five years. The CNMC requires Lyntia to inform you periodically to verify that it meets these guidelines.
Lyntia and Iberdrola announced in March an assignment agreement, valued at 260 million euros , under which the former will exclusively obtain the right to long-term use of 15,000 km of surplus optical fiber in Spain, distributed by the Basque Country, Valencian Community, Castilla La Mancha and Community of Madrid. The operation also includes the acquisition of the portfolio of contracts with fiber optic clients , both dark and illuminated, from the energy company - those to whom Lyntia must now maintain the conditions.
The so-called dark fiber is that fiber installation that is not used but is prepared for the use of future customers; With the current growth of fiber optic customers , it is assumed that your property will be an important asset for companies in the coming years. Lyntia is one of the main operators in the dark fiber market, since it accumulates more than 90% of the market together with Reintel , the other main agent. Iberdrola, meanwhile, maintains its own fiber network within its electricity distribution infrastructure and networks deployed by third parties, which it markets in the form of wholesale telecommunications services.
The transfer operation exceeds the 30% market share threshold established in the Law on the Defense of Competition, so it has had to submit to the scrutiny of the agency in charge.
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