THE EUROPEAN Commission has signalled that it is prepared to raid Brussels' public purse to create widespread broadband telecommunications networks across Europe, if private financing falls short of the task. Andrew Houghton, broadband project officer for the Commission's directorate general for the information society, told the recent European Union Eurescom telecoms summit: "Where markets don't work, subsidies to develop the infrastructure make sense." His comments come as the Commission develops its new Internet-promotion plan, the ...

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