The EU is backtracking on plans to force incumbent telcos to charge lower fees to rivals to use...

|By:, SA News Editor

The EU is backtracking on plans to force incumbent telcos to charge lower fees to rivals to use their networks to deliver broadband services. The decision, which is part of a broader effort to set rules aimed at stoking the continent's broadband investments, appears to be giving a lift to the shares of debt-laden incumbents. BT +3.9%. TI +4.5%. FTE +5%. DTEGY.PK +5.7% on the Frankfurt exchange.