The European Commission (EC) launched its Digital Single Market (DSM) plan on Wednesday with 16 detailed proposals. Among the various aims of the DSM proposals, telco interest has been particularly focused on initiatives for ‘incentivising network investment, helping telcos compete with over-the-top (OTT) players, and coordinating spectrum rules.’
An EC press release says that the European Union (EU) Single Market can be utilised to open up digital opportunities for people and businesses, to address existing barriers to cross-border commerce, online usage and digital governance. The release states that: ‘The aim of the DSM is to tear down regulatory walls and finally move from 28 national markets to a single one. A fully functional DSM could contribute EUR415 billion (USD467 million) per year to our economy and create hundreds of thousands of new jobs. The DSM Strategy adopted today includes a set of targeted actions to be delivered by the end of next year. It is built on three pillars: (1) better access for consumers and businesses to digital goods and services across Europe; (2) creating the right conditions and a level playing field for digital networks and innovative services to flourish; (3) and maximising the growth potential of the digital economy.’ For more details see the link below.