Failure of co-ordination could undermine competitiveness
The European Round Table for Industry (ERT) has claimed the EU’s failure to co-ordinate the rollout of 5G will leave supply chains uncompetitive and lead to declining investment, according to the Financial Times. The group, which represents many of Europe’s largest industrial companies, says that the EU’s slow progress in 5G will also threaten ambitions to cut carbon emissions. The ERT has produced a study which compares Europe unfavourably with competitors such as the US, China and South Korea in the implementation of 5G. The report urges action to reduce the costs of 5G investment and to make spectrum more affordable and available, says the paper.
The European Round Table for Industry (ERT) has claimed the EU’s failure to co-ordinate the rollout of 5G will leave supply chains uncompetitive and lead to declining investment, according to the Financial Times.
- Region:
- Europe
- Series:
- Regulatory Watch
