EU Telecom ministers dismiss plan for central regulatory body


Posted on June 13, 2008  /  0 Comments

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 on Thursday.

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.

Reding’s vision of a single European regulator was laid down last year in her proposals for reforming Europe’s telecom laws. Initially, her plan was presented as a European equivalent of the powerful U.S. Federal Communications Commission (FCC).

Read the full story in “Network World’ here.

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