By Timothy Denton
GEORGE SERENTSCHY WROTE an interesting piece in the Financial Post on Thursday, which I think is comprehensively mistaken. A former telecom regulator in Austria, Mr. Serentschy became dismayed with the state of investment in European mobile networks, and has been testifying effectively against the idea of MVNOs (mobile virtual network operators) ever since.I have had the pleasure of talking with Mr. Serentschy at breakfast in Ottawa last year, and his views are sincerely held and not without foundation. In his experience and opinion, European regulators set the price of interconnection too low, with the result that European incumbents do not... COMMENTARY: Competition does not happen at the cell tower
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