EU Telecoms Commissioner, Viviane Reding, is set to announce plans today which will cap the price of sending texts from countries across Europe.
This follows the refusal of many EU Mobile phone companies to slash the price of overseas SMS prices and mobile internet access while roaming across Europe.
The commission, which is responsible for making sure that telcos do not fleece European customers, is expected to reduce the cost of sending text messages by as much as 70 percent.
The International Herald Tribune got their hands on a copy of the EU proposal which is proposing to limit the cost of European roaming fees to 11 Euro Cents with the amount operators charge each other being halved to 4 Euro cents.
The commission could also be looking to extend the proposal to mobile internet access across the European Union; although all 27 EU members have given their backing to the proposal, they could yet face a lengthy battle with Telecom companies as EU takes away yet another of their lucrative cash cows.
Roaming laws already exist for voice calls with limits of up to 49 Euro cents for making calls and 24 Euro Cents for receiving calls being implemented across Euro Borders.
This is set to tumble to decrease to 43 Euro cents and 19 Euro Cents respectively by the end of August 2009.
More than 2.5 billion roaming SMS messages are sent every year across Europe - roughly five SMS per European Citizen - with each of them costing up to 10 times the price of a domestic SMS.