(Telecompaper) A pro-investment agenda will help deliver the digital single market (DSM), according to a Boston Consulting Group study for European telecom regulators' association Etno. The research found that telecom reform under DSM could deliver up to EUR 570 billion of GDP growth and 5.5 million jobs. A reformed regulatory framework can safeguard competition and incentivise investments in advanced next-generation communication networks (NGA) to enable the EU to meet its Digital Agenda objectives while delivering the DSM. The company recommends a new regulatory paradigm centered around the following: a harmonised-and substantially reduced-pan-European regulatory approach, relying mostly on established competition law; a short- and long-term comprehensive view of all the costs and benefits for consumers which takes into full account the long-term benefits of investments for consumers; and a full view of the value chain in a technology-agnostic manner. The study proposes five measures: substantial deregulation of fixed-line wholesale access; a level playing field for network operators and digital services providers; spectrum policy that accelerates the build-out of mobile networks; and permitting healthy consolidation in mobile.