Financial Times FT.com

Telecom groups welcome EU guidelines

By Stanley Pignal and Nikki Tait in Brussels

Published: September 17 2009 15:42 | Last updated: September 17 2009 15:55

Telecom groups have welcomed European Union guidelines on funding broadband infrastructure, which will grant member states limited opportunities to subsidise internet access in areas unappealing to private operators.

Neelie Kroes, EU competition commissioner, claimed on Thursday that guidelines should provide “a clear and predictable framework” for an estimated €300bn of broadband investment in the EU.

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