ecta's Director General, Luc Hindryckx participated in the
#HU2024EU and
#NMHH conference titled “Regulation Reloaded - Changing the rulebook of European Communications.”
The main messages were:
The EU model based on electronic communications regulation is a success story to be proud of:
👍 Promotion of competitive telecoms markets, combined with effective ex-ante regulatory measures, is driving investments, positive innovation, and consumer benefits. Hence, the ex-ante regulatory framework based on SMP assessment must be preserved.
💪 Europe excels with respect to its global peers when it comes to combining the deployment of gigabit networks, their use by consumers and professional users, as well as their affordability and inclusion.
👏 The successes of several ecta members - entrepreneurs who believed in the promise of the EU regulatory framework, invested at their own risk, and innovated - show that it has enabled entrepreneurial success stories of which EU can be proud and that should be a source of inspiration. People who strongly believe in the telecom sector and have real long-term industrial visions, like
@GroupeIliad,
@bouyguestelecom , or
@neterranet , to mention but a few.
👎 The share price is not a right proxy to evaluate long term investments such as FTTH.
The report from DG Competition, “Protecting competition in a changing world,” should have a more central place and role in the debate.
An electronic communications sector, embracing a multitude of participants, both large and small, and nurturing a diverse array of products and services, is essential to empower the entire European economy and unleash its innovative potential in the digital realm. Hence, it is essential for the EU competitiveness.
What is at stake is the ability of all the other sectors of the economy to innovate, and this cannot be realized with a concentrated EU telecoms market, even less with well established companies. Unfortunately, the White Paper missed the opportunity to delve into the EU business markets that remain concentrated, although the essence is in the EU businesses and their ability to innovate and remain competitive.
Fortunately, there are genuine pan-European operators that are perfect examples of the EU internal telecom market, such as
@Colt_Technology or
@transatel
When it comes to the financial health, a recent study for the Dutch Government analysing the major 10 incumbents’ performance in terms of free cash flow generation shows that the health of the telecoms sector is not catastrophic, as others are presenting it.
This does not mean that there is nothing to be improved. We are absolutely ready to constructively help in different areas:
👉 How to improve the take-up of FTTH;
👉 How to accelerate the copper switch-off and migration to FTTH;
👉 How to facilitate network deployment;
👉 And most important, how to (re) build trust between EU businesses of all sectors and the telecoms sector.