EU telecoms chief drops plan to slash wholesale roaming prices

Apparently, European Union telecoms chief Neelie Kroes has scrapped a draft proposal to cut wholesale roaming fees by as much as 90 percent following criticism from major telecom companies. The plan, which would have affected the wholesale prices that telecoms operators pay to access their rivals' networks, was a key element of her efforts to create a single market for telecom services in the 28-country European Union.