Europe lacks a genuine single market for electronic communications. The Union is fragmented into distinct national markets and, as a result, Europe is losing out on a major source of potential growth. After three years of consultations, public events and private meetings, a legislative package has emerged: "Connected Continent: Building a Telecoms Single Market." The objective is to build a connected, competitive Continent that enables sustainable digital jobs and industries.
The European Union (EU) is an economic and political union of 28 member states that employ 24 languages, which means that achieving consensus is problematic and time-consuming. In the case of telecommunications, it comes via legislation.
Neelie Kroes, the EU’s digital chief, has proposed a reshaping of the telecoms market by, among other things, ending roaming charges and instituting some net neutrality rules. Roaming charges used to be exorbitant, a license to print money, but they were capped by the EU and brought down to more realistic levels.
Some analysts believe the scheme is a "pragmatic compromise" that will be largely benign to most mobile operators. The proposal covers an extremely wide range of issues and topics--from public Wi-Fi to consumer rights--and is intended to replace today's fractured telecom landscape with a single, unified market. The EU said the proposal would add €110 billion ($146 billion) a year to the gross domestic product if it is ultimately approved by those 28 member states...Read More
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