The Spectrum programme is a key to reaching the Digital Agenda targets for universal broadband coverage and broadband data speeds, which can help boost innovation and growth. Services which rely on radio spectrum represent 2% to 2.5 % of annual EU gross domestic product (DGP), I.e. more than €250 billion according to a study undertaken for the Commission. This includes the European wireless electronic communications industry which supports 3.5 million jobs, generates around €130 billion annually in tax revenues and contributes € 140 billion directly to European GDP.
The radio spectrum proposal, together with a Broadband Communication and NGA Recommendation, is part of a package presented by the Commission in September 2010 to deliver fast and ultra-fast broadband in Europe , one of the key targets of the Digital Agenda for Europe.