European mobile giants urge pro-5G investment policies


A group of leading European telecoms executives have called on regulators to adopt policy frameworks that eliminate red tape and encourage investment so that the continent does not fall behind in fast-developing areas like 5G and Artificial Intelligence (AI).

In a joint-statement prepared for the annual FT-ETNO Summit in Brussels, the industry said that operators were increasing capital expenditure by a rate of 5 per cent a year and that total telecoms investment was now €47 billion.