facebook
twitter
rss
account
search
search
 

EC endorses higher Italy telecom rates

May 30, 2006 at 10:35 AM   |   Comments

ROME, May 30 (UPI) -- The European Commission has endorsed temporary higher call-termination rates for new entrants into Italy's telecom market.

The commission said Monday the new players should be allowed to charge more for termination than Telecom Italia for a period of four years, after which Italian regulators would implement a reduction of wholesale termination rates.

Termination rates refer to the price charged to connect calls.

The EC said the plan was aimed at generating capital for new infrastructure and was based on Article 7 of the EU's electronic communications framework, which requires European regulators to apply competition laws consistently.

"In order to promote infrastructure-based competition, it can be justified to allow new entrants to charge higher call termination rates," EU Commissioner Viviane Reding said in a statement. "However, such a measure should be ... clearly limited in time to encourage new entrants to become cost-efficient."

© 2006 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Android phones to join iPhone in saying no to the police Android phones to join iPhone in saying no to the police
2
Perth's first iPhone buyer immediately drops brand new phone on live TV Perth's first iPhone buyer immediately drops brand new phone on live TV
3
Dogs are the favorite food of leopards in rural India Dogs are the favorite food of leopards in rural India
4
Only 5 billion years until Andromeda Galaxy eats Milky Way Only 5 billion years until Andromeda Galaxy eats Milky Way
5
Tuna fishermen are not happy about proposed marine sanctuary Tuna fishermen are not happy about proposed marine sanctuary
Trending News
Video
x
Feedback