Investment in new technologies in markets of electronic communications – can it live together with regulation? (Part 2)
am 17.01.2006 von Die neue Mehrsprachigkeit
But this does not seem to be the end of the story yet. Last Friday a Deutsche Telekom spokesman said that DT was still not satisfied with the situation, i.e., the fact that the VDSL market will be regulated. In addition, the French Industry Minister Francois Loos has said lately that the government is examining an industrial policy that will favour investments by France Telecom and other telecom network operators for high-speed internet. In an interview published on Monday in La Tribune he stated that he would not want the service providers to decide not to invest in new technologies in markets of electronic communications out of the fear that their networks would be opened up to competitors which do not have the same cost-risk. It is significant to point out that this statement comes after France Telekom cut its 2005 revenue guidance (again!).
Well it is clear that France is rather restricted as to how exactly this new industrial policy could look like – as long as there is the current European regulatory framework which foresees regulation in the discussed markets, France will remain limited as to whether the regulation of those markets could be relaxed. Therefore, this statement clearly means that France will do everything possible to influence the review process of the regulatory framework in order to achieve that the new regulatory framework will allow denying competitors access to networks in those markets.
The European Commission still seems to remain in favour of the main ideas behind the current …
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