European Commission’s progress report on single communications market revealed today found that Europe leads the world in mobile phone services with the number of subscriptions in 2008 at 119% of the EU population (up 7 percentage points from 2007), well ahead of the US (87%) and Japan (84%). Despite the economic insecurity the telecoms sector in the EU continued to grow in 2008 (up 1.3% compared to 2007 it generated revenues estimated at above €300 billion) and now represents 3% of EU GDP.
An additional finding of the progress report is that 75% of EU consumers now have access to internet connections of 2 megabits per second and above (speeds allowing, for example, TV over internet), thanks to EU action.
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Read through the Commission Staff Working Documents on the Progress Report on the Single European Electronic Communications Market (14th Report)