The European Commission has launched a public consultation with a view to updating the current list of relevant wholesale and retail telecoms markets subject to the Commission's "Article 7" procedure under EU telecoms rules. These markets include retail access to the public telephone network and wholesale broadband access. Having a list of relevant markets helps National Regulatory Authorities (NRAs) regulate their markets in a coordinated manner. The review will take into account major market and technological developments, such as internet-based applications and services, the convergence between different types of networks and services and the development of very fast internet networks and services. Based on its results, the Commission will then revise the current Recommendation on Relevant Markets which was last updated in 2007. The Commission invites interested parties to respond to the consultation by 8th January 2013.