Affordable communications for businesses and consumers

01-02-2018

Information and communication technologies (ICTs) and data and internet access services have taken the place of traditional telephone services as key products for both consumers and businesses. Today, more and more audiovisual content is available on demand and there is exponential growth in 4G and 5G internet connectivity. In response, the EU has set up a regulatory framework for telecommunications covering fixed and wireless telecoms, the internet, broadcasting and transmission services, made up of a series of rules that apply throughout the EU Member States. According to recent research conducted for the IMCO Committee, telecommunication services contribute EUR 86.1 billion annually to the European Union’s GDP and new legislative measures introduced by the European Parliament could contribute an additional EUR 40 billion.

Information and communication technologies (ICTs) and data and internet access services have taken the place of traditional telephone services as key products for both consumers and businesses. Today, more and more audiovisual content is available on demand and there is exponential growth in 4G and 5G internet connectivity. In response, the EU has set up a regulatory framework for telecommunications covering fixed and wireless telecoms, the internet, broadcasting and transmission services, made up of a series of rules that apply throughout the EU Member States. According to recent research conducted for the IMCO Committee, telecommunication services contribute EUR 86.1 billion annually to the European Union’s GDP and new legislative measures introduced by the European Parliament could contribute an additional EUR 40 billion.