Weak investment climate main 5G risk, not security fears, says Ericsson CEO MWC2019 via JC_Stubbs Busvine
BARCELONA - Europe risks falling behind other regions in rolling out 5G mobile services because of onerous regulation and weak investment rather than any security concerns about Chinese equipment, Ericsson CEO Borje Ekholm said on Monday.
“The debate here often becomes: it’s the lack of technology for operators, that’s what slowed down Europe. And that’s not the case,” Ekholm said in an interview on the sidelines of the Mobile World Congress, the telecoms industry’s main annual gathering. North America and northeast Asia will adopt the new technology fastest, the company said in a report last year, but 5G is also expected to account for about 30 percent of mobile subscriptions in Western Europe.
The prices in Italy, he said, were equivalent to almost two years’ capital expenditure for some operators. Huawei has repeatedly denied the accusations of state-spying and no evidence has been publicly produced.
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