B_B schreef op 22 mei 2013 17:49:
Europe Lags in Telecom, Too
By DAVID DITTMAN on MAY 20, 2013
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Neelie Kroes, the European Union commissioner running the digital technology portfolio, supports a proposed EUR50 billion (USD68 billion) “Connecting Europe Facility” program for cross-border infrastructure projects that would be included in the EU’s next long-term budget for 2014-20.
EUR9.2 billion of this investment would support expanded broadband and digital networks.
Ms. Kroes also favors establishing a single telecom market for Europe. The plan is to pool all the networks of the national players into one supranational network, which would make it easier to find money to invest in new technologies such as 4G and fiber-optic cable. In exchange for pooling their network infrastructure, the national telecoms would participate in the European network.
It would also likely mean cheaper and easier data roaming around Europe, and that could lead to industry consolidation. Removing bureaucratic layers by making a single continent-wide entity responsible for wireless and wireline would simplify the regulatory environment as well.
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Ms. Kroes’ initiatives, which if realized would create a telecommunications market very much like the one in the US, carry the greatest promise.
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www.investingdaily.com/17461/europe-l...