EU telecoms commissioner Viviane Reding today unveiled a new set of recommendations that could see mobile interconnection fees - the fees charged by mobile operators to handle each others calls - cut by as much as 70 percent. The new guidelines, planned to be phased in by 2011, aim to set mobile and fixed-line termination rates at around euro0.015 to euro0.025 per minute. This compares to current rates of around euro0.05 per minute for fixed-line and euro0.09 for mobile, depending on the EU state in question. While the proposals do not put a cap on fees, they set out the charges that can and cannot be included. The European Commission plans to formally adopt the guidelines in the autumn. (more…)