First the EU said: Network interconnection by means of the Internet Protocol (IP) has been a vital enabler of the Internet’s ubiquity and success. IP-based interconnection has usually been achieved without explicit regulatory obligations, and has for the most part been highly effective. Given the rapid evolution of the economic, technological and social environment this study of the European Union investigates whether IP interconnection is still better left unregulated. Martyn Warwick of telecomtv slammed: You have to wonder if some “analysts” live in the same world as the rest of us. Take for example a hefty new report, commissioned by the European Commission and written by a German research organisation, that goes so far as to recommend the abolition of termination fees – on the peculiar grounds that we might as well because, one day, everything will be the Internet anyway.