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Europe to make telecom investments attractive

European Commission's new digital chiefs support plans that will relax the region's strict rules on telecom mergers

Published Mon, Nov 3, 2014 · 09:50 PM

London

POOR cellphone and Internet service is a fact of life in many parts of Europe.

Less than a quarter of Europeans can connect to high-speed cellphone networks, compared with about 90 per cent of Americans. And broadband connections are often painstakingly sluggish.

But the prices here for these services are among the lowest in the world. Europeans spend an average of US$38 for a monthly cellphone contract, about half of what Americans pay on average, according to the Groupe Speciale Mobile Association (GSMA), an industry group.

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