A European monitoring body said on Tuesday it had fined Norwegian telecoms company Telenor 112 million euros for anticompetitive practices.

"Telenor abused its market dominance by a pricing strategy that resulted in rivals making a loss when selling residential mobile broadband services on tablets and laptops," the EFTA Surveillance Authority said in a statement.

Telenor said it would appeal the decision.

(Reporting by Gwladys Fouche, editing by Nerijus Adomaitis)