(Telecompaper) The European Commission has adopted a proposal to cut wholesale roaming charges as part of the process to abolish all retail roaming in the EU by mid-June 2017. Following the public consultation on wholesale roaming rates, the EC has proposed cutting maximum wholesale roaming charges to 4 eurocents a minute for calls, 1 eurocent per SMS and 0.85 eurocents per megabyte of data. Wholesale prices currently stand at 5 eurocents a minute for calls, 2 eurocents for SMS and 5 eurocents per megabyte of data. In a statement, the EC said national wholesale roaming markets need to be competitive to enable operators to abolish retail roaming charges without operating at a loss.