Deutsche Telekom CEO criticises EU telecom rules overhaul

Deutsche Telekom chief executive Timotheus Hoettges expressed dissatisfaction with how the European Union is handling the reform of telecommunication sector rules and called for ‌more ⁠deregulation.

“We’re seeing ⁠more and more red tape, more requirements,” he said during a press conference after the publication of the company’s fourth-quarter results.

Following several months of pressure from European ⁠telecom companies, ‌the European Commission unveiled in January a major ⁠revamp of the sector rules known as the Digital Networks Act.