Vodafone has criticised plans for new consumer and business telecoms reforms.
The European Union commissioner for telecoms Viviane Reding hopes to cut mobile termination fees by 70 per cent over the next four years, it has recently been announced.
Ms Reding claimed companies make an "excessive" amount of money from consumer and business telecoms customers.
However, Vodafone has stated as many as 40 million mobile users could stop using their phones if the proposals are passed.
Jonathan Groocock, telecoms analyst at Investec, told the Times: "Vodafone is right to fight tooth and nail but previous outcomes on regulatory cuts are not positive."
The mobile phone company claims the changes would lead to price increases, while several other telecoms companies have recently increased their call costs.
It is claimed operators make between 15 and 20 per cent of their income through termination costs, reports Marketing Week.
The proposed changes would see the UK come into line with US schemes in which no termination charge is levied, the source adds.
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