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Old 7th Jun 07, 09:41 PM
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EU Approves Roaming Rate Caps
*Source: BetaNews (http://www.betanews.com/article/EU_A...s/1181243342)*
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Roaming rates in the EU are set to drop as the bloc agreed to move toward placing caps on what carriers can charge to traveling consumers, despite the protests of the wireless industry.

The roaming caps take effect at the end of this month, with consumers likely seeing the first benefits beginning in August.

The new policy (http://www.betanews.com/article/EU_P...ion/1179934407) took less than a year to go from idea to law, and the industry attempted to have the legislation struck down by claiming it would cut into their profit margins in an already competitive industry.

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