Greek carriers pay fines for raising SMS prices

Greece's major mobile carriers have been ordered to pay 1 million euros ($1.2 million) each for making identical hikes in their SMS rates last year, an AFP report said.


The report quoted the EETT, Greece's national telecom regulator, as saying that "the EETT "&brkbar; deemed that the identical SMS rate increases carried out by Cosmote, TIM and Vodafone from 2005 onwards "&brkbar; violate free competition legislation."


The three companies in question made no immediate reaction to the fines, which could be appealed, the report said.


Cosmote is a subsidiary of the semi-state-owned Hellenic Telecommunications Organisation group, while TIM Hellas is the Greek subsidiary of Telecom Italia Mobile.