commiss decis june grant addit implement period spain implement commiss direct eec full competit telecommun market spanish text authent text eea relev ec commiss european commun regard treati establish european commun regard agreement establish european econom area regard commiss direct eec june competit market telecommun servic amend direct ec articl thereof notic interest parti submit comment accord articl direct eec factual legal background request spain bilater meet octob confirm letter novemb spain request addit implement period articl direct eec amend direct ec januari notif commiss implement licens declar procedur provis voic telephoni establish public telecommun network detail nation scheme envisag share net cost provis univers servic oblig uso provis implement januari articl direct eec august public licens declar procedur provis voic telephoni establish public telecommun network detail nation scheme envisag share net cost provis uso provis implement juli articl direct eec novemb requir adequ number telecommun servic requir order give full effect liber telecommun market provis implement juli articl direct eec consequ addit implement period mention januari nation wide licenc oper voic telephoni public telecommun network spain addit licenc grant cabl oper provid voic telephoni spanish govern intend delai full implement liber spanish telecommun market decemb date licenc grant provis voic telephoni public telecommun network undertak appli complianc condit set relev spanish law implement regul spain consid addit implement period reason introduct competit januari oblig telefónica de españa sa telefónica spanish telecommun oper speed rebalanc tariff affect significantli profit margin end introduct competit requir capit invest telefónica network implement number plan allow grant adequ number market entrant telefónica complet work time grant addit implement period eleven month interconnect oper licens earli januari interconnect oper voic telephoni market condit interconnect oper establish respons commiss letter novemb spanish author confirm letter receiv commiss novemb seek derog lift restrict provis liber telecommun servic network establish provid telecommun servic ii infrastructur provid parti iii share network facil site juli provid articl direct eec network provid restrict decid cabl oper appli complianc condit set relev law implement regul provid voic telephoni includ possibl interconnect network purpos ensur gener telecommun law lei gener de telecomunicacion adopt end implement outstand provis commun law telecommun sector grant earli januari nation wide licenc oper voic telephoni public telecommun network addit licenc grant oper ensur law regul complet open telecommun market competit place end juli ensur decemb licenc grant effect condit provis voic telephoni public telecommun network undertak appli august complianc condit set relev law implement regul conform direct eec abolish foreign ownership limit condit licens telecommun oper line oblig world trade organ detail provid spanish author letter februari ii comment receiv undertak associ provid comment notic publish commiss januari state spain develop highli digit telephon network comment cost tariff rebalanc overestim spanish author note telefónica strongli posit reflect oversubscript share offer sale spanish govern begin refer made invest telefónica america state order give undertak time submit licenc applic licens uso financ scheme publish notif commiss state cost renumb overestim spanish author expenditur telefónica largest share cost number scheme born subscrib stress licens voic telephoni oper equal access number januari refer late implement commun provis spain state timet provis set spanish author agre rigor spanish author state licens procedur voic telephoni oper publish septemb undertak submit applic licenc award earli januari letter date februari commiss transmit spain comment parti receiv public commiss notic januari commiss invit spanish author comment parti submiss spanish author repli comment letter date march confirm origin request iii articl direct eec detail rule applic articl treati telecommun sector laid direct eec introduct full competit telecommun market latest januari articl direct eec amend direct ec commiss grant addit implement period request number member state give derog date set direct eec maintain addit period special exclus right grant undertak entrust provis public telecommun network telecommun servic unlik request ireland commiss decis ec portug commiss decis ec pertain continu exclus right grant respect telecommun organ spanish request addit implement period relat time schedul implement full competit spain context progress open competit spanish telecommun market june royal decre law liber telecommun monopoli voic telephoni oligopoli public telecommun network formal abolish public bodi retevisión grant licenc provid voic telephoni infrastructur spain author cabl tv compani provid voic telephoni servic earli januari grant nation wide licenc oper voic telephoni public telecommun network fulli commit complet introduct competit end novemb telefónica remain oblig provid uso spain telecommun law lei de ordenación de la telecomunicacion decemb telefónica concess contract decemb start point examin spanish request assess telefónica entrust task gener econom interest mean articl treati continu perform task condit econom equilibrium transit full competit timet set direct eec strictli compli legal assess argument adduc spain spanish author state order face competit retevisión telefónica significantli rebal tariff telefónica introduc cost account mechan telefónica develop modern network spain decid resolut octob introduc nation number plan solv current number shortag spain prepar market full competit articl direct eec number scheme implement common european emerg number number shortag caus increas demand brought increas telephon penetr develop market date expect growth market strong telefónica expect rebuild modern analogu telephon exchang rebuild small capac digit exchang develop exchang meet grow demand addit larg public awar campaign organ requir signific capit invest assess commiss fact spain refrain addit implement period abolit exclus right telefónica address period month competit newli author oper structur adjust public oper member state develop network grant addit period year whilst shelter continu monopoli right case spain structur adjust encompass complet rebalanc telefónica tariff introduct cost account improv network penetr appear low tariff rebalanc spanish author state telefónica tariff high align tariff commun oper rebalanc adjust charg bring price closer underli cost requir achiev object telefónica proceed gradual flexibl approach tariff rebalanc maintain safeguard consum term price qualiti servic commiss recogn oper commun carri programm rebalanc tabl base inform commiss possess compar telephon tariff telefónica equival figur oper rebalanc tariff support argument spanish author gt tabl gt due technic progress network cost increasingli depend distanc cost orient tariff mean gener rule price adjust revenu rebalanc cost connect rental revenu cover fix cost standard margin call revenu cover call cost standard margin telecommun organ rais connect charg bi monthli rental local call decreas charg reduc tariff long distanc call appear telefónica cheap rate local charg high comparison british telecom telefónica compens decreas trunk intern charg increas local cheap rate charg difficult telefónica align tariff excess comparison cost januari addit limit number voic telephoni oper author author provid author date enter market entrant concentr segment voic telephoni market differ tariff telefónica cost substanti view conquer share lucr market spanish request delai grant addit licenc end novemb justifi hand long voic telephoni market fulli liber spain introduc scheme share uso burden telefónica introduct financ scheme delai date affect resourc requir develop telecommun network satisfi uso commiss expect gradual tariff rebalanc process implement telefónica commiss accept introduct competit voic telephoni oblig telefónica speed rebalanc tariff affect significantli profit margin end effect mitig establish nation scheme envisag share net cost provis uso competitor time acquir signific market share telefónica reason remain main contributor cost uso cost account spanish author submit full tariff rebalanc telefónica cost account system fulli oper commiss accept reason grant addit implement period member state implement cost account system decemb latest council direct eec june applic open network provis leas line decemb latest direct ec european parliament council decemb applic open network provis voic telephoni develop network provis univers servic approxim telefónica local exchang digit weight commun averag telefónica achiev fast telephon penetr growth commun recent main line inhabit line commun averag telefónica lowest telephon penetr commun ireland portug year telefónica intensifi effort modern network spain increas penetr main line inhabit rate digit note due low popul densiti spain comparison member state combin low digit rate telefónica network increas telephon penetr develop network gener costli spain member state commiss acknowledg combin develop network spain rapid rebalanc telefóncia tariff cost implement number scheme affect signific proport telefónica revenu commiss consid fact spain intend complet implement nation number plan decemb order telefónica spread cost time avoid financi stabil affect crucial year transit full competit incompat spanish govern oblig articl direct eec amend direct ec ensur juli adequ number liber telecommun servic case number alloc object discriminatori proportion transpar manner basi individu applic procedur comment parti refer invest telefónica spain commiss note invest telefónica central south america profit invest diversifi telefónica activ fulfil task gener econom interest due face competit spanish telecommun market invest help avoid spain request addit implement period market segment year foreseen direct eec develop trade grant request addit implement period spain foreclos voic telephoni market spain oper author provid voic telephoni public telecommun network cabl tv oper grant provid voic telephoni voic telephoni oper licens earli januari applic prevent enter spanish market limit period decemb establish public telephoni servic requir prepar month harm potenti investor addit implement period eleven month limit due circumst investor plan invest formal licens condit publish august entrant readi oper advanc full liber addit effect liber market rapidli achiev benefit market entrant access condit meantim settl telefónica initi competitor final addit implement period regard market segment request spanish author basi public licenc place august mind articl direct ec european parliament council april common framework gener author individu licenc field telecommun servic spanish author state grant licenc provis public fix voic telephoni month public undertak submit licenc applic good time coincid complet implement number plan achiev full liber voic telephoni public telecommun network market spain commiss take note number plan decid spain spread time complet full implement respect oblig articl direct eec suffici number grant date retevisión oper licens earli januari cabl tv compani provid servic voic telephoni conclus basi assess commiss consid develop trade result grant spain addit implement period articl direct eec affect extent contrari interest commun circumst set fulfil januari januari notif commiss licens declar procedur provis voic telephoni establish public telecommun network detail nation scheme envisag share net cost provis uso august juli public licens declar procedur provis voic telephoni public telecommun network includ detail nation scheme envisag share net cost provis uso consequ extens accord deadlin set articl direct ec licenc provis voic telephoni public telecommun network addit mention paragraph decis grant decemb adopt decis articl spain postpon januari notif commiss implement licens declar procedur provis voic telephoni establish public telecommun network detail nation scheme envisag share net cost provis univers servic oblig august public licens declar procedur provis voic telephoni establish public telecommun network detail nation scheme envisag share net cost provis univers servic oblig decemb effect grant licenc provis voic telephoni public telecommun network complianc condit set relev spanish law implement regul conform direct eec articl spain inform commiss implement nation law oblig accord timet cabl oper appli complianc condit set relev law implement regul allow provid voic telephoni includ possibl interconnect network purpos end gener telecommun law lei gener de telecomunicacion implement outstand provis commun law telecommun sector adopt earli januari nation wide licenc oper voic telephoni public telecommun network grant addit licenc grant oper end juli law regul complet open telecommun market competit place articl decis address kingdom spain brussel june commiss karel van miert member commiss oj oj oj oj oj boe amend inter alia law decemb boe boe boe tarifica studi implement cec dg xiii direct comparison telephoni tariff telefónica commun averag weight averag tariff structur commun telecommun organ wide diverg addit process rebalanc tariff comparison british telecom made decis ec respect ireland ec respect portug decis ec respect luxembourg oj decis publish time notif oj oj intern data cec dg xiii oj