THE EUROPEAN UNION PARLIAMENT UNANIMOUS SUPPORT FOR INTERNET AND WIRELESS PHONES FEES REDUCTION HAS BEEN CRITICIZED.

THE EUROPEAN UNION PARLIAMENT UNANIMOUS SUPPORT FOR INTERNET AND WIRELESS PHONES FEES REDUCTION HAS BEEN CRITICIZED.


         The European Union Parliament unanimous support by votes for internet and wireless phones fees reduction for internet users in Europe and abroad of the European Union internet Users, or customers for both the domestic and the international calls, although it has been widely welcomed by both Europeans and the foreign users, it has been criticized by some Online Services, Telecommunication and Information Tecnology Transfer Companies as  fees reduction that may have long term negative effect on the Tele-Communication and Information Tecnology Industry, despite the minimal fees reduction on both the wireless cell phones and the internet that ranged between ten cents (10 cents) to thirty cents (30 cents) for various cell phones and internet fees charges. Major Online Companies, Tele-Communication and Information Tecnology companies in Europe and abroad may endure loses that may reach hundreds to billions of euros on four business quarters. In other words the highest target business goal of many Online Services and companies that has been estimated at about a hundred and fifty billion dollars ($150,000,000,000.00) will be reduced by much in four business quarters.


                                                  Written by Professor Godfrey Ohia.