Spain's telecommunications market regulator Friday lowered by 25% the prices Telefonica SA (TEF) can charge other operators to use its network to provide broadband services.

The CMT, as the regulator is known, has cut wholesale broadband prices three times since 2006 in an effort to stimulate competition in the Spanish broadband market, of which Telefonica controls 55%.

Company Web site: www.telefonica.com

-By Ana Garcia, EFE Dow Jones; 34 913958127; ana.garcia@dowjones.com