EU lawmakers’ committee votes for bigger cuts in wholesale roaming fees

Economy5 minutes ago (Oct 14, 2021 12:03PM ET)

2/2
(C) Reuters. FILE PHOTO: A women looks at her mobile phone in central London, Britain, September 13, 2018. REUTERS/Hannah McKay

2/2

By Foo Yun Chee

BRUSSELS (Reuters) – Lawmakers on the European Parliament’s industry committee voted on Thursday for deeper cuts in wholesale roaming tariffs paid by telecoms operators to their counterparts than those proposed by the EU Commission, saying the move would boost competition.

Wholesale price caps typically pit telecoms providers in southern European countries with those in northern Europe over who should benefit from tourists making calls home.

The former are keen to keep such caps as high as possible so they can invest in networks to accommodate peak demand during the holiday season, while the latter, whose citizens tend to go abroad for holidays, want lower caps to networks in southern destinations.

The European Parliament’s industry committee has proposed a wholesale voice tariff of 0.015 euro per minute next year which will be reduced to 0.01 euro in 2025, compared with the European Commission’s offer of 0.032 euro and 0.019 euro respectively.

Lawmakers also want to set wholesale rates for text messages at 0.003 euro per message until 2032 while the Commission had proposed 0.01 euro for next year, falling to 0.003 euro in 2025.

The lawmakers want to cap data tariffs at 1 euro per gigabyte versus the EU executive’s proposed 2.5 euros next year and 1.5 euros in 2025.

Lawmaker Angelika Winzig, who is steering the issue through the legislature, said the Commission’s proposal “was not progressive enough to reflect market realities” where smaller operators struggle to offer sustainable rates.

“This is why significantly reducing wholesale caps is beneficial to the market and consumers alike. It would enable more competition, which would increase the possibilities for better prices for consumers and enterprises,” she said in a statement.

The committee will need to secure support from the entire assembly which typically is a formality although dissenting lawmakers can still come up with revisions.

The lawmakers backed the Commission’s proposal for a 10-year extension to rules which ended retail mobile roaming charges across the bloc four years ago.

The proposals also need EU countries’ support before becoming law. The first meeting between the lawmakers and representatives of EU countries is scheduled for Oct. 26.

EU lawmakers’ committee votes for bigger cuts in wholesale roaming fees

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Related Stories

Enjoying my content?

Join the exclusive subscription today and get premium articles for free

Discover

U.S. missionaries kidnapped in Haiti as gangs grow more...

World18 minutes ago (Oct 17, 2021 05:50PM ET) 2/2 (C) Reuters. FILE PHOTO: A sign marks...

Michigan judge tosses GM lawsuit against Fiat Chrysler

Stock Markets23 minutes ago (Oct 17, 2021 05:45PM ET) (C) Reuters. FILE PHOTO: The new...

Missionary group confirms kidnapping of 16 Americans, one Canadian

World17 minutes ago (Oct 17, 2021 04:50PM ET) 2/2 (C) Reuters. FILE PHOTO: A sign marks...

Gangs expand territory as Haiti government struggles to stay...

World17 minutes ago (Oct 17, 2021 03:50PM ET) (C) Reuters. FILE PHOTO: A general view...

A Sinister Six Movie Should Copy Spider-Man: No Way...

Sony's upcoming Sinister Six movie should take some inspiration from Spider-Man: No Way Home...

Masked Singer: Artist Who Was Cupcake Dishes on Unmasking

The celebrity formerly known as Cupcake on The Masked Singer opened up about competing...

Popular Categories