Connectivity can steer Europe back to competitiveness

Posted under: Emerging technologies
Date: 2024-02-06
Connectivity can steer Europe back to competitiveness

Europe faces a challenge in achieving widespread 5G connectivity, lagging behind China and the U.S. due to a lack of private investment and a poor investment climate. This hampers Europe's competitiveness and productivity, with CEOs citing regulatory complexity and geopolitical tensions as factors. Vodafone collaborates with businesses across Europe to explore how 5G-connected technologies can help improve lives and drive growth. However, 5GSA could catalyze productivity growth through digitalization, benefiting industries like manufacturing, agriculture, and healthcare. Yet, regulatory changes are needed to attract investment and accelerate 5G rollout. A report by Vodafone emphasizes the potential of next-generation connectivity to enhance European competitiveness and calls for swift action to leverage digitalization for economic growth and societal advancement.

Read more at: www.politico.eu