22 jun: MOL Extends EUR561 Million Credit Facility
22 jun: Brazil Dollar Inflows Rise To $955 Million in June 1-20
22-06-2012 17:35:00

EU Telecoms CEOs Urge Leaders to Ease Regulation

Relateret indhold

BRUSSELS--Chief executives of Europe's major telecoms companies Friday called on EU leaders to agree to ease regulation in the telecoms market at their summit next week, in order to facilitate investment in the sector.

"Political commitment is needed to reduce regulatory pressure in the telecoms sector to reassure investors that their business case will not be undermined," the CEOs said in a letter. They also called for leaders "to avoid any new measures adding burdens on regulated companies, for example in the fields of price regulation and non-discrimination."

The European Union aims to extend Internet access at 30 megabytes per second to all citizens across the bloc, and access at 100 Mbps to 50% of households, by 2020. Reaching this target will require substantial infrastructure investment, with many companies holding back on building networks until they know they can recoup the cost.

Still, the European Commission says increasing broadband penetration by 10 percentage points would accelerate Europe's annual gross domestic product growth by between 0.9 and 1.5 points. The bloc's executive arm has offered almost 9.2 billion euros ($11.53 billion) from 2014 to 2020 as funding for broadband infrastructure, and earlier this month started a consultation on the rules that should govern the provision of state aid to broadband networks.

The letter is signed by the CEOs of companies belonging to ETNO, a trade association with 40 members including most former state-owned telecoms companies with aggregate annual revenue of more than EUR600 billion. Deutsche Telekom AG (DTE), Telecom Italia SpA (TIT), Belgacom SA (BELG.BT) and Telefonica SA (TEF) all signed.

"We are confident that the growth strategy to be adopted by the EU heads of states and governments will fully seize the opportunities of the ICT sector, by promoting a balanced, proportionate and predictable policy and regulatory environment," they said.

Write to Frances Robinson at frances.robinson@dowjones.com

(END) Dow Jones Newswires

June 22, 2012 11:35 ET (15:35 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Danske Bank udnævner Gilbert Kohnke til kreditchef - NY

30-01-2015 15:50:19
Danske Bank har udnævnt Gilbert Kohnke til Chief Risk Officer (CRO). Han får ansvar for Group Risk Management og indtræder i bankens direktion med virkning fra ..

Mærsk: Japansk treenighed tegner et blandet rate-billede

30-01-2015 12:02:51
De tre japanske rederier MOL, NYK og K-Line har offentliggjort 3. kvartalsregnskaber for deres forskudte regnskabsår 2014/15. De tre rederier er alle repræsente..

Aktier/åbning: Aktierne er i plus i C20 - kun TDC står til fald

30-01-2015 09:30:05
Det danske aktiemarked fejrer weekendens komme med stigninger næsten over hele linjen. Kun TDC ligger i rødt i bunden af C20 Cap-indekset med et fald på 0,14 pc..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Fredagens aktier: Novo handlet ned trods stærkt regnskab
2
Nationalbanken stoppper for udstedelse af statsobligationer
3
Novo/Mainfirst: Kursmål hæves til 260 fra 225
4
FLS/Jyske: Brancheregnskaber peger på stabil efterspørgsel
5
Jutlander Bank nedskriver på landbrug - opjusterer indtjening

Relaterede aktiekurser

Telefonica S.A. 14,91 -1,8% Fald i aktiekurs
Belgacom 33,00 -1,1% Fald i aktiekurs
Telecom Italia 1,04 1,4% Stigning i aktiekurs
Telecom Italia SPA 11,50 -0,5% Fald i aktiekurs
Telecom Italia SPA CL 'A.. 9,35 -0,4% Fald i aktiekurs
Telefonica SA O Telefoni.. 13,31 -0,4% Fald i aktiekurs
Telecom Italia SPA 1,06 0,0% Aktiekurs uændret
Deutsche Telekom 15,45 1,0% Stigning i aktiekurs
Telefonica 13,23 -1,2% Fald i aktiekurs

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
31. januar 2015 17:10:36
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150130.2 - EUROWEB7 - 2015-01-31 17:10:36 - 2015-01-31 17:10:36 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x