Wednesday, September 5, 2012
EU Might Reduce Support for Broadband Deployment
To the extent that European Union broadband plans for 2020 rely on financial support from the European Commission, it now appears those plans might slow, as the EC itself now says infrastructure funding is shifting to transport and energy projects.
It appears that funding levels originally foreseen now cannot be provided at the original levels. "The Presidency recognizes that it is, therefore, inevitable that the total level of expenditure proposed by the Commission, including all elements inside and outside of the MFF, will have to be adjusted downwards."
Translation: less money for the EC broadband plan.
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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