The European Union is to overhaul telecoms regulations to make sure Europe’s communication networks remain competitive.
E.U. Commissioner Günther Oettinger met with several telecoms companies, including a group of German telecoms operators, known as the Network Alliance, this week, to discuss change.
At a press conference in Brussels on Monday, Mr. Oettinger said new draft proposals would be ready by the summer.
“Now the telecommunications sector has spread into a lot of other fields, data services and digital services, modernization or a general overhaul of the telecommunications legal framework is something which is on the cards this year,” he said.
Industry leaders such as Deutsche Telekom want Brussels to scrap a mandate requiring them to open their networks to competitors.
Though Mr. Oettinger is viewed as sympathetic to the telecoms, this move would likely run afoul of E.U. Competition Commissioner Margrethe Vestager, who is reluctant to hand power back to large telecoms firms. Her argument is that allowing large operators to retain use of their networks would put the whole telecoms market at the mercy of the large operators, stifling competition and ultimately resulting in higher prices overall for the consumer.