13 June 2008

EU - Telecom ministers dismiss plan for regulatory body

(IDG News Service)
The 27 telecommunication ministers of the European Union unanimously dismissed Commissioner Viviane Reding's plans to create a powerful central telecom regulatory body at a meeting in Luxembourg. They were more supportive of other elements of her reform plans, including the functional separation punishment with which she wants to threaten former telecom monopolies. They also backed her latest idea: to issue guidelines for the telecom industry on ensuring a fair return on investment and sharing of next-generation telecom infrastructure. See Council Press Release.