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news: EU Wants Telecom Deregulation
From: David Farber <farber () central cis upenn edu>
Date: Thu, 27 Oct 1994 09:49:14 -0400
EU Wants Telecom Deregulation AP 10/26 11:09 EDT V0975 Copyright 1994. The Associated Press. All Rights Reserved. BRUSSELS, Belgium (AP) -- The European Union's executive body has agreed to press for a sweeping deregulation of the telecommunications industry in the 12 EU member nations. The plan was adopted Tuesday evening by the EU's 17-member executive commission. It seeks to phase out of state monopolies in telecommunications by Jan. 1. 1998. The nations agreed in June last year to end state monopolies on telephone service by 1998, with exemptions for countries with less-advanced systems. The commission's new proposal calls for the deregulation of services such as data transmission, mobile communications and corporate phone networks. The plan would also allow utility and cable television companies to offer telecommunications services by next year. Ministers from member nations will be asked to vote on the plan at a meeting next month. "The information revolution has speeded up considerably," EU Industry Commissioner Martin Bangemann said in a statement. "Economic as well as technical reasons require increasingly a rapid and efficient liberalization."
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