E.U. Unveils Plan To Slash Mobile Fees

Law360, New York (July 12, 2006, 12:00 AM EDT) -- Against the backdrop of its probe into Europe's telecommunications industry, the European Commission launched a plan Wednesday that aims to cap the fees mobile phone operators can charge for international calls.

Under the proposal, mobile customers using their phones abroad to make local calls will be charged no more than €0.33 plus value-added tax per minute, while international calls made from abroad will be capped at €0.49 plus value-added tax per minute.

The proposed law must still be approved by the European Parliament and the national...
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.