(BFW) Oettinger Says EU Needs Telecommunications Mergers: Handelsblatt


Oettinger Says EU Needs Telecommunications Mergers: Handelsblatt
2014-10-24 05:23:50.879 GMT


By Rainer Buergin
Oct. 24 (Bloomberg) -- EU should promote mergers of small,
regional information technology and telecommunications
companies, Guenther Oettinger, commissioner for the digital
economy, tells Germany’s Handelsblatt. Oettinger also says:
* EU telecom market is too fragmented, too unprofitable
* Goal must be to allow cos to make “fair profits”
* Doesn’t object to loosening net neutrality
* NOTE: Juncker Wins EU Commission-Team Support With
Investment Vow


For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

To contact the reporter on this story:
Rainer Buergin in Berlin at +49-30-70010-6228 or
rbuergin1@bloomberg.net
To contact the editor responsible for this story:
Alan Crawford at +49-30-70010-6237 or
acrawford6@bloomberg.net