Friday, July 20, 2012

Brussels backs down on telecoms pricing -

Brussels backs down on telecoms pricing - "Investors in large telecoms groups had feared further pressure on revenues amid need to spend more on fibre networks. Nick Delfas, analyst at Morgan Stanley, said the proposals remove the potential negative of falling prices and should help build investor confidence over time.
Kroes said the new policy aimed to boost the investment in fibre networks for fast internet connections by allowing incumbent telecom groups to maintain charges for access to their existing copper infrastructure and so guaranteeing stable returns." 'via Blog this'

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