New EU Rule Aims To Rein In Cellphone Roaming Charges

Law360, New York (March 29, 2012, 2:52 PM EDT) -- European lawmakers on Wednesday unveiled preliminary cellphone roaming rules aimed at creating more market competition in order to curb the high cost of using smart devices while traveling within the European Union.

The new rules, set to become effective July 1, will help lower prices in the short term by placing a price cap on data roaming charges, and will deliver long-term benefits by allowing virtual mobile operators and resellers that do not have their own networks to access other operators' networks at regulated wholesale prices...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.