The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A visitor walks in front of Spanish communications company Telefonica's stand at the 3GSM World Congress in Barcelona February 15, 2007. REUTERS/Albert Gea (SPAIN)
A visitor walks in front of Spanish communications company Telefonica's stand at the 3GSM World Congress in Barcelona February 15, 2007. REUTERS/Albert Gea (SPAIN)
(ALBERT GEA/REUTERS)

BREAKINGVIEWS

Easing of EU telco rules won’t bring flood of deals

Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks.

Europe’s telecom firms are finally getting Brussels to ease up. It’s an exciting moment for this fragmented sector, which bankers have long hoped would generate a wave of M&A. But the European Union should not give too much ground.