Predictions 2017: "If Brexit does happen then an exit from the Internal Market would be disastrous for inward and outward investors. Remember that it was BT and Vodafone who first broke into other EU markets in the late 1990s, dominating Irish telecoms amongst others. Vodafone’s extraordinary hostile takeover of Mannesman caused shockwaves throughout German corporate governance. Yes, UK telecoms has become more domestically focussed with BT’s failed expansions and the recent (2015-16) mergers leaving two UK-owned mobile companies and O2 for sale. Virgin Media has announced Brexit will mean less investment into the UK.
On net neutrality, it was the Brits (through Ofcom) and Norwegians who wrote the recent BEREC Guidelines on implementation. Ofcom cannot remain a member or even observer of BEFEC/ERG if we leave the Internal Market, whatever the Ofcom CEO may hope. Can we even follow the rules we wrote?" 'via Blog this'