| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/03/1572 (19.11.03) |
| Publication Date | 19/11/2003 |
| Content Type | News |
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The 9th Report on the Implementation of the Telecommunications Regulatory Package was adopted by the European Commission on 19 November 2003. The report finds that the situation in the electronic communications markets finally seems to be stabilising and points to renewed business and consumer confidence. Broadband (or high-speed) internet access and mobile communications are the main drivers of growth. The number of fixed broadband access lines has almost doubled over the last year but the competitive situation must improve further if the broadband sector is to truly thrive. The Report projects that in 2003 the number of mobile subscribers will grow at a higher rate than in 2002, notwithstanding that the penetration rate is already close to 90% in a number of EU countries. The Commission is however worried about the regulatory situation in many Member States, as so far only eight Member States have completed their transposition of the new EU legislation into national law. Full, effective and timely transposition of EU legislation in each country is very important to create the correct and predictable environment in which investment can thrive. With the Report the Commission seeks to focus attention of the Member States on key issues which need to be addressed in the transposition process. The Commission will present these findings to the Telecoms Council on 20 November 2003. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/03/1572&format=HTML&rapid=0&language=EN&guiLanguage=en&display= |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe |
