European Commission has just released 11th Report on the Implementation of the Telecommunications Regulatory Package.
The report draws attention to many regulatory and market developments in the European telecommunication market. Telecom operators in Europe are investing in new technologies to cut costs and seize new opportunities opened up by the convergence of communication networks, media content and devices. Growing competition, especially in retail markets, is bringing increased consumer benefits and the outlook for innovation and investment within Member States and across borders is positive. Member States have made good progress in implementing the EU telecom rules of 2002, which is opening up markets to new entrants. The report highlights rapid take-up of high-speed “broadband” internet connections. In the mobile phone sector, while take-up of services is still growing, particularly in the new Member States, there are signs that the voice market is maturing. Meanwhile, revenues from traditional voice services remain the largest source of revenue in the fixed line market, despite a gradual decline.
For full version of the Report, please click here.