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European telecoms: hanging on the line Add to ...

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Oh, those fickle Eurocrats. For months, European telcos and their investors have been hanging on the words of European Union digital commissioner Neelie Kroes. Their hope was that Brussels’ quest for a pan-EU telecoms market, plus its desire to spur next-generation network investment (such as super-fast broadband), could improve their revenue-squeezed lives. Top of telcos’ wish-list was an easing of antitrust hurdles, which currently serve to reinforce national market boundaries within which a handful of players usually compete.

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