Telecoms executives urge total overhaul of European regulation

BARCELONA: Top telecoms executives called for a total overhaul of Europe’s regulatory framework on Monday, using the platform of the Mobile World Congress to press calls for unified oversight across the 27-nation bloc.

“The European regulatory framework is totally outdated,” Telefonica Chairman and CEO Jose-Maria Alvarez-Pallete told the opening keynote session of the industry’s top gathering.

“Regulation today is based on the networks of the previous century.”