Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

EU telecoms reform to address competition from WhatsApp, Skype

Published 17/04/2015, 18:28
© Reuters.  EU telecoms reform to address competition from WhatsApp, Skype
HG
-

By Julia Fioretti

BRUSSELS (Reuters) - The European Commission will take into account increased competition from cable operators and alternative services such as WhatsApp when it overhauls Europe's telecoms rules next year, a move that will be cheered by the telecoms industry.

A draft seen by Reuters of the Commission's strategy for creating a digital single market says telecom operators compete with "over-the-top" services "without being subject to the same regulatory regime".

"It is necessary to design a fair and future-proof regulatory environment for all services," the document says.

The bloc's telecom firms such as Orange and Deutsche Telekom have long called for lighter-touch regulation, after years of declining revenues and competition from new entrants, to enable them to invest in network upgrades.

Telecom companies point to increased competition from services such as Skype (owned by Microsoft) and online messaging as a reason for easing the regulatory burden.

Considering Skype, or any other "voice-over-IP" application, as a substitute for traditional phone services could lead to those companies being subject to the same obligations as traditional operators, such as offering emergency calls.

The new European executive, which took office in November, has made investment in superfast broadband a priority. But incumbent telecom operators say the current set of rules does not provide incentives to invest in their networks.

They argue they would be forced to give competitors access to those networks, an argument rejected by smaller alternative operators. Yet an evidence document backing up the strategy, also seen by Reuters, states that incumbents "appear to lack incentives to overbuild their own largely depreciated copper network assets."

The Commission will unveil its proposals for an overhaul of the telecoms framework in 2016, the document states. Commission Vice-President Andrus Ansip is expected to unveil his digital single market strategy on May 6.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.