Europe’s mobile phone industry will today mount a last-ditch effort to ward off strict price caps on text messages and data downloads within the EU by warning that heavy regulation is cutting capital spending and profit margins.
With Viviane Reding, EU telecoms commissioner, poised to propose a new round of price caps this month, mobile operators claim their capital spending has already slipped from 13% of revenues in 2005 to 11% last year - and could fall further.
The GSM Association - the global trade body representing more than 750 GSM mobile phone operators - citing data from a study
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