Telefonica adds fibre optic contracts as regulator mulls action

MADRID (Reuters) - Telefonica retained its grip on Spain's lucrative fibre optic market in October, data showed on Monday, days after the Spanish regulator warned it could force the former telephone monopoly to open up its next-generation network to competitors. Telefonica added 91,264 contracts in the fast-growing fibre optic business in October to reach a total of 1.16 million, according to data released by Spain's telecoms watchdog, putting its market share at 86 percent. ...