Oct 16 (Reuters) - Zegona Communications is

weighing ending a long-term contract with telecom network

provider Vantage Towers over prices charged by the Germany-based

company, Bloomberg News reported on Wednesday.

The British telecom investment company has been negotiating

lower prices for Vodafone Spain, which it bought last year, and

may shift to a different tower provider if Vantage does not

reduce the annual fees by 50 million euros ($54.34 million), the

report said, citing people familiar with the matter.

Vodafone Spain has approached other tower companies in

Spain, including Cellnex Telecom SA, American Tower

Corp ( AMT ) and Orange SA's Totem, to assess costs

and feasibility, the report added.

Vantage Towers, Cellnex, American Tower ( AMT ), and Orange did

not immediately respond to Reuters requests for comment, while

Zegona declined to comment.

($1 = 0.9202 euros)

(Reporting by Aatrayee Chatterjee and Anandita Mehrotra in

Bengaluru; Editing by Shounak Dasgupta and Devika Syamnath)