This Wednesday, the European Commission presented the results public participation about her The future of the telecommunications industry It will form the basis of the ‘Digital Networks Law’ prepared by Brussels. Here’s what the community manager came up with: regulatory hurdles to prevent a true single market and market fragmentation this slows down the expansion of operators. Following the result, the commissioner responsible for the European internal market said, Thierry Bretonopened the door “Facilitating” mergers Cooperation between telecommunications companies to achieve “true pan-European infrastructure operators” and the creation of a new financing model for the development of European 5G and fiber infrastructures.
In a message sent via social network LinkedINBreton even went so far as to paraphrase the words of the former president of the European Central Bank: Mario Draghiand his famous quote during the economic crisis: Europe will do “whatever it takes” to protect competitive advantage inside global technology race. Companies – through European employer associations GSMA and ETNO – “welcomed” Breton’s call and seized the opportunity to “ask for an accelerated process and pressure for the submission, discussion and promotion of the “Digital Networks Act”.”
” low yield slowdown in investments, long recovery periods and uncertainties in the market, attractive Telecommunications industry for investors deposit your money in construction networks of the futureinstead of compressing the old copper networks. “In the long run, this could weaken the industry and expose it to hostile takeovers despite the critical nature of its assets,” he said.
In this sense, Breton suggests: “Streamlining” operations consolidation of the market within a Member State to have companies that are cross-border, but also have the “necessary scale” to “exploit the full potential of a European Union-wide telecommunications market” and at the same time “adapt” the regulatory legislation. It outlines a framework for the rapid deployment of technologies that would “reduce costs and bureaucracy” and recommends examining “above all, spectrum management, which has been used by some governments as a source of revenue for too long, draining funds from investments.”
The commissioner asks all industry, investors and authorities They must work together to discover and eliminate barriers to greater investment in networks and to make them more efficient. “Some have tried to reduce the problem investment The struggle for “fair sharing” between major telecommunication companies And big technologies“, says the commissioner about the issue of payment for the networks. “This big leap “Ahead: not only in the telecommunications sector, but more broadly in digital technologies,” he adds.