Effective regulatory regimes and impact on investments in the telecom sector: A perspective from ECTA European Competitive Telecommunications Association.

Slides:



Advertisements
Similar presentations
Annual Growth Survey What is the AGS? A communication, which sets out the economic and social priorities for the EU in 2013 Launches the next European.
Advertisements

GAMBIA COMPETITION COMMISSION GAMBIA COMPETITION COMMISSION Levelling the Field for Development BY : EXECUTIVE SECRETARY 5 TH JUNE 2013.
1 Regional Policy contributing to smart growth in Europe 2020 Standard presentation Brussels, November 2010 Pierre GODIN Policy Analyst, DG Regional policy.
Towards a Connected Continent: How to achieve a European Single Market for Telecommunications? Speeding up NGN ubiquity: a pillar for digital growth Athens,
Tele2 5 March 2008 EPP-ED Public Hearing Mikael Grape.
©Ofcom Review of the Framework Some issues under discussion by regulators Jim Niblett International Policy Director 22 December 2005.
HOW INNOVATIVE IS YOUR ORGANISATION? Dr. Sandra M. Dingli The Edward de Bono Institute UNIVERSITY OF MALTA.
1 Reform of the EU regulatory framework for electronic communications What it means for Access to Emergency Services Reform of the EU regulatory framework.
14 November 2014 PROGRESS ON BROADBAND POLICY & REGULATIONS Briefing to Parliamentary Portfolio Committee on Telecommunications and Postal Services.
Business Services in Europe: Raising the Game Norman Rose Vice-Chairman High Level Group on Business Services & Chairman European Business Services Round.
Towards a Connected Continent Robert Madelin Director General DG CONNECT NMHH Conference on investment in the telecom sector Budapest, 4 December 2013.
MGT-555 PERFORMANCE AND CAREER MANAGEMENT
Module 4: Understanding Recent Trends in ICT Policy Dr Tim Kelly, Lead ICT Policy Specialist, infoDev/World Bank Sunday 8 March 2009.
Regulatory and public affairs Delivering value for our members ECTA European Competitive Telecoms Association.
Investment in next generation networks A competitive approach to stimulating Europe’s broadband future - CEPS 22 February 2007.
22 February 2007 ERGEG approach to the internal energy market Nick Thompson – Ofgem IFIEC Europe Energy Forum, 22 February 2007.
1 International Forum on Trade Facilitation May 2003 Trade Facilitation, Security Concerns and the Postal Industry Thomas E. Leavey Director General, UPU.
1 National Electronic Commerce Strategies The Malaysian Experience Ho Siew Ching Ministry of International Trade and Industry Malaysia Expert Meeting on.
TTIP: an opportunity for the Digital Economy. The TTIP represents an enormous opportunity to re-balance the Digital Economy landscape The regulatory component.
Nov/Dec 2003ElectraNet BSP-2 Workshop (khb) 1 EU Telecoms Regulatory Status Governing Legislation Package 2002  Directive 2002/19/EC Access to, and interconnection.
BT Transformation Working with the CWU. Defend Traditional Calls decline - 5 main factors Dial IP - Market declines, driven by Broadband Price - Market.
How to foster investments in the European telco sector? Sverre Holt-Francati, SVP, Telenor Group NMHH Investment/Regulatory Conference, Budapest 4 December.
Imposing access obligations under the new framework Karen Hardy.
ICT policies and the Lisbon Agenda Baltic IT&T 2005 Riga, 7 April 2005 Frans de Bruïne Director “Lisbon Strategy and Policies for the Information Society”
Telecoms Services Sector in the Caribbean Derek Browne Information Technology Specialist CIF November 5, 2007.
Implementation of EU Electronic Communication Directives.
A new start for the Lisbon Strategy Knowledge and innovation for growth.
Commissioning Self Analysis and Planning Exercise activity sheets.
European Commission, Technical Assistance Information Exchange Unit (TAIEX), DG Enlargement in co-operation with The Bulgarian Chamber of Commerce and.
State Agency for Information Technology and Communications i2010 – Challenges for Bulgaria Plamen Vatchkov Chairman Göteborg Ministerial Conference “Towards.
Infrastructure for eInclusion – Regulation and Policy Initiatives Marianne Røgeberg Ministry of Transport and Communication Norway.
CANTO 24th Annual Seminar Enhancing competitiveness in the Caribbean through the harmonization of ICT policies, legislation and regulation Bahamas, July.
Liberalization of Telecommunications in Europe Pál Belényesi 27 October 2006 Verona.
Communication Paper on Smart Regulation COM(2010) 543, 8 October 2010 Presentation by Savia Orphanidou 3 rd November 2010.
JOINING UP GOVERNMENTS EUROPEAN COMMISSION Establishing a European Union Location Framework.
European Commission 1 TSM Regulation: Spectrum Briefing on Telecoms Single Market Package Anthony Whelan Head of Unit – Spectrum Electronic Communications.
Telecommunications Liberalisation: comparative overview within the EU and lessons to be learned ECTA’s view Innocenzo M. Genna, ECTA Chairman 2° International.
Regulatory Transparency and Efficiency in the Communications Industry in Australia Jennifer Bryant Office of Regulation Review Australia.
Frederic Maduraud European Commission DG Information Society OECD Workshop on Broadband Seoul, June 2002 “Exploiting the Broadband.
DG Information Society Assessment of the competitive situation in the market for broadband access Leo Koolen DG Information Society European Commission.
EUROPEAN SOCIAL FUND EQUAL - The European Perspective EQUAL Initiative EQUAL The European Perspective Dublin - 25 September 2003 Ian Livingstone European.
“Financial reporting plays a critical role in establishing and maintaining the confidence of the investing public. The objective of financial reporting.
Spectrum authorisation under new EU package Roger Stewart Radiocommunications Agency Head of licensing policy unit.
Briefing on the energy market liberalisation and the current status Ulrich Bang, Director of European Affairs /
The Role of Peer Review in a Multilateral Framework on Competition Policy Andrea Bruce Investment Trade Policy UNCTAD Regional Seminar for Latin America.
Telecoms Review Institutional aspects European Parliament, 5 March 2008.
1 TINF 2010 Tuesday 30 November 2010 Present and Future Regulation of Electronic Communications Vesa Terävä European Commission Information Society & Media.
David A. Olive General Manager, Fujitsu Limited WITSA Public Policy Chairman WITSA Public Policy Meeting Athens, Greece May 15, 2005 Global Public Policy.
The Energy Package:– The New Regulatory Framework for Europe International Energy Conference, 12 March 2008 David Halldearn Senior Advisor European Affairs.
Kathy Corbiere Service Delivery and Performance Commission
VoIP Regulation Klaus Nieminen TKK Table of Contents Background EU Regulatory Framework Objectives, PATS and ECS definitions VoIP Classification.
© Copyright Allianz IIS Redefining the industry: Regulation, Risk & Global Strategy July 9, 2007 Berlin Helmut Perlet, Allianz SE The Emergence of Solvency.
Law Seminars International Spectrum Management Conference NTIA: SPECTRUM POLICY FOR THE 21 st CENTURY The Federal Government Spectrum Management Perspective.
1 COMPETITION LAW FORUM Paris 21 June 2006 Competitiveness versus Competition Presentation by Humbert DRABBE Director for Cohesion and Competitiveness,
Harmonisation in progress: the telecom regulation example Andrzej Chrzanowski Office of Telecommunications and Post Regulation URTiP, Poland November 2004.
19-20 October 2010 IT Directors’ Group meeting 1 Item 6 of the agenda ISA programme Pascal JACQUES Unit B2 - Methodology/Research Local Informatics Security.
Dutch presidency agenda on ensuring industrial competitiveness Erik Janssen, Ministry of Economic Affairs The Netherlands.
PROTECTING THE INTERESTS OF CONSUMERS OF FINANCIAL SERVICES Role of Supervisory Authorities Keynote Address to the FinCoNet Open Meeting 22 April 2016.
1 2008: A Regulatory Odyssey TUANZ After 5’s March 2008.
A look into current and future trends in national policies for eHealth and Innovation in the WHO European Region Clayton Hamilton, eHealth and Innovation.
11 th Report on European Electronic Communications Regulation and Markets 2005 Viviane Reding – Commissioner DG Information Society and Media 20 February.
Mec1224 EETT: From Telecommunications to Electronic Communications Athens, 28 March 2005 “Investment and competition in electronic communications services.
European Commission Enterprise and Industry Communication on Tourism| July 12, 2010 | ‹#› Communication on Tourism Europe, the world’s no 1 tourist destination.
©Ofcom EU Communications package : State of Implementation Kip Meek, Senior Partner, Content & Competition Brussels, 30 May 2005.
Promoting Regional Capital Market Integration
Regulation of NGA networks – the EU experience
Achieving the Internal Gas Market The view of gas suppliers
European social dialogue A new start for social dialogue
SOCIAL DIALOGUE PLATFORM
Outline Background: development of the Commission’s position
Presentation transcript:

Effective regulatory regimes and impact on investments in the telecom sector: A perspective from ECTA European Competitive Telecommunications Association 14 April 2005 Tom Kiedrowski Regulatory Affairs Manager, ECTA

What is ECTA?  The European Competitive Telecommunications Association is the leading pan-European trade association serving the alternative electronic communications industry.  ECTA has some 150 member companies, operators and service providers as well as national associations of such.  ECTA objectives are to:  Work for a fair regulatory environment which allows all electronic communications providers to compete on level terms in order to multiply investment and innovation throughout an effective European internal market.  Represent the electronic communications industry to key government and regulatory bodies  Maintain a forum for networking and business development throughout Europe.

Policy context  Recently Commissioner Viviane Reding outlined her i2010 agenda.  One of those ‘i’s is for innovation and investment in ICT.  [Europe]”should be world-class in the take-up of new informational products and services.”  Investment is critical to development in most industries and to the growth of economies in general: ICT is no exception

Communications Competition and Investment  In “ICT”, the “C” of communications plays a significant role in delivering EU growth objectives and driving innovation and productivity.  ECTA believes that effective competition is key to unlocking the potential of the electronic communications sector because: it drives innovation it drives down prices it boosts broadband penetration and adoption and above all else: it stimulates investment

The (not so) New Regulatory Framework  The single most important way of achieving the benefits of competition is through effective implementation of the new regulatory framework (NRF)  Mid-term review: the Kok Report “the regulatory framework for electronic communications adopted in 2002 should be fully implemented and strictly enforced, so that competition is more effective in driving down prices for consumers and businesses.”  It provides the right tools to foster competition and many of the existing bottlenecks could be resolved by using these tools in an effective manner

The liberalisation process is NOT complete  transposition by Member States has been difficult – some better than others  Moreover, effective implementation still varies significantly across Member States and is not compliant with the directives in some cases  This leads to significant discrepancies that do not benefit end- users and can impact growth  Ofcom Strategic Review Regulation is still needed and Ofcom plans to reinforce its efforts to prevent discrimination by the incumbent. Non-discrimination is a key element of the NRF and probably the best tool to ensure effective competition

Regulatory Effectiveness Regulatory effectiveness still varies significantly across Member States

Uncompetitive Investment  European Commission and NRAs are being pressurised to shift their regulatory policies from one that encourages altnets to one which focuses on rewarding operators investing in new networks  The numbers game  It useful to look at all this incumbent investment …

Investment in Belgian telecom market – Platform members & Belgacom

Financial Results  A similar story is to be found looking at the results of other major telecos such as KPN in the Netherlands and Telecom Italia in Italy  It I can read financial statements, regulators and policymakers should, too!

Competition stimulates Investment Incumbent and altnet investment follows a similar pattern: highest in “best” regulated (most competitive) markets Source: JonesDay & SPC Network (Regulatory Scorecard)

Need for a Reinforced Approach The work done by Ofcom with the input of the entire industry draws some interesting conclusions:  Bottlenecks remain and access is certainly a key one  Having considered all options from full deregulation to increased regulation, Ofcom concludes regulation is still needed (Real Equality of Access) to encourage investment and innovation both from the incumbent and altnets  Non-discrimination is a key element of the NRF and probably the best tool to ensure effective competition

Keys to fostering investment through effective regulation  Ensuring equivalence of access Non-discrimination is not always understood or effectively enforced. Commission must clarify this concept and enforce it consistently Key to relaxing burden of regulation is creating a compliance culture. Need to assess and embrace incentives, penalties and organisational structures which entrench compliance  Enabling convergence ‘New Services’, (e.g VoIP), offer the potential to transform regulatory landscape.Clear Commission Guidance and urgent amendments to the Universal Services Directive needed to remove barriers Vital also to ensure that competition is maintained and enhanced with the transition to converged ‘next generation’ networks (legacy assets will still be fundamental to network roll-out)

Keys to fostering competition (cont)  Securing implementation of the framework Many countries have yet to complete the market reviews. Directives don’t adequately specify deadline. In some cases the Directives have not been accurately transposed, leading to uncertainty and less harmonisation. Both issues need to be addressed through infringement or possibly formal mandate  Addressing lengthy appeals procedures In some countries appeals are lodged as a matter of course and take up to 5 years. Action is needed by Member States to establish deadlines and ensure effective appeals process. The Commission must play a role in facilitating this.

Conclusions  i2010 is achievable given political will and regulatory guidance  Communications has and will continue to play a vital role in delivering an effective and productive European information society  Altnets must be allowed to climb the ladder of investment  Evidence demonstrates that competition and regulatory effectiveness is key in driving innovation, investment and growth.  Underlying implementation issues concern ‘equivalence of access’, implementation of the NRF and appeals procedures.

Thank you Tom Kiedrowski Regulatory Affairs Manager, ECTA