23 October 2007

EU - Regulators and EU agree over splitting telecoms companies

(EurActiv)
At a meeting with top officials of the Italian regulatory authority for telecommunications, Information Society Commissioner Viviane Reding was determined to introduce functional separation as a "last-resort remedy" in telecoms liberalisation. Reding reaffirmed her conviction that "national telecoms regulators should be given this tool that can promote both competition and investment". She stressed, however, that the disputed splitting-up of telecoms incumbents should be applied only as a "last-resort remedy to address the stubborn cases where other remedies have failed".