Vodafone Group Public Limited Co (VOD)

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EU submits draft law to end mobile roaming fees, carriers unhappy • 1:14 PM

As expected, EC telecom commissioner Neelie Kroes has submitted a draft law that would end mobile voice, text, and data roaming fees (in favor of flat-rate charges) for consumers traveling from one EU market to another.
Kroes proposes to achieve this by having carriers establish "alliances" with peers in other EU markets. She's giving carriers incentives (in the form of more relaxed rules on international roaming deals) to adopt the proposals by July '14.
Unsurprisingly, local carriers such as Vodafone (VOD +0.5%), Orange (ORAN +0.5%), Telefonica (TEF +1.7%), Telecom Italia (