Critics attack EU telecom plan

One day after European Union Telecom Commissioner Viviane Reding formally unveiled her proposal for a pan-continental European Telecom Market Authority, other European national regulators (who stand to lose a lot of power) and incumbent telcos are coming out in opposition of the plan. Reding's proposal was accepted by the EU, but still needs to be approved by the individual countries and the European parliament. Some observers are wondering if the plan may become more watered down during that approval process.

For more:
- See this report in TeleGeography's CommsUpdate
- The Financial Times
has further reaction

Related articles:
- Reding has been promoting her proposal in recent weeks

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