Monopolistic telecoms operators are still controlling nearly half of broadband lines and nearly two-thirds of broadband lines in some parts of Europe according to Viviane Reding, the EU Telecoms commissioner.
The findings were published in the 13th Progress Report on the Single Telecoms Market which gives a snapshot of the EU’s Telecoms market and the regulatory developments that took place in 2007.
Prices for mobile services fell by nearly a sixth last year with roaming calls experiencing the deepest cuts and increased competition means that more consumers are looking for bundled packages which allow them to get their services from a single service provider.
13 percent of Europeans have now embraced telecoms bundling with more operators offering triple or even four services bundled altogether.
This has given rise to a growing mobile market as novel services like mobile broadband were offered.
According to the report, investments by Europe telecoms operators have exceeded Eur 50 billion which is on par with the US and more than Japan and China combined.
Surprisingly though, most major operators make most of their revenues in their home markets.