Europe votes in favour of LLU
Hurrah! Now what?
The European Parliament has voted overwhelmingly in favour of introducing legislation to speed up the process of Local Loop Unbundling (LLU) in Europe.
The new legal framework - widely tipped to be carried - only needs the go-ahead from the member Governments of the European Union to become law.
Although the new regulation could still fail at this point, many see this final phase as a mere rubber stamping exercise.
So, we can all rejoice that Europe's taken a positive step forward towards greater competition in the telecoms industry.
Now, anyone fancy trying to rescue Europe's miserable excuse for a single currency? ®