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daily link  13 June 2002

Brussels refuses to renegotiate 3G licences

The European Commission yesterday refused to give the green light to the renegotiation of third generation mobile phone licences - despite pressure from the cash-strapped industry. However, Brussels left the door open to some licence changes in exceptional circumstances. It estimates European telecommunications companies have spent some €110bn ($104bn) in acquiring the 3G licences. [FT]

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