Telecoms competition key to beating recession
TELECOMS COMPETITION KEY TO BEATING RECESSION
ECTA warns Ministers against protecting monopolies on eve of crucial Telecoms Council vote on functional separation
Brussels, 26 November 2008 – ECTA today urged the Telecoms Council of Ministers at its meeting tomorrow (27th November) to grant national regulators the power to impose the remedy of functional separation. The pro-competition body believes that empowering Europe’s telecoms regulators is critical if the European ICT sector, which connects multi-national businesses representing 35% of Europe’s GDP, is to play its part in bringing the EU economies out of recession. An integral element of the recovery is for Europe’s businesses and consumers to benefit from next generation super high-speed services.
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