To achieve The European Commission’s goal of delivering 5G to all European households by 2030, regulators have adopted new legislation regarding state aid rules to enable more accessible financing and rollout of high-speed broadband. Reuters reported that the Broadband Guidelines will provide “an up-to-date framework to support the digital transition and reflect technological, regulatory and market developments.”
“The revised Broadband Guidelines adopted today are a major step towards a successful European digital transition. They will make it easier for member states to support the deployment of performant broadband networks in insufficiently connected areas. This will benefit consumers, businesses, and the public sector,” said Margrethe Vestager, Executive Vice-President in charge of competition policy. “By reducing the digital divide, the new rules will further contribute to correcting social and regional inequalities across the EU.” Continue Reading
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