Spain’s Council of Ministers has opposed the planned purchase by Telef’nica of a significant share of broadband wireless operator Iberbanda, in line with the recommendation of the competition authority, the TDC. After all what is the point of issuing Spectrum license to create competition and then letting the incumbent telco buy the company out. ‘We have agreed to declare the deal as inadmissible and order that the operation does not take place,’ said Deputy Prime Minister Mar’a Teresa Fern’ndez en la Vega. In August Telef’nica requested authorization to take a significant stake in Iberbanda, which uses Alvarion and Aperto pre-WiMAX equipment to provide rural and urban broadband services and holds a national 3.5GHz license. Telef’nica is also trialing WiMAX-class networks…