Europe Falling Behind as Others Implement 5G: Ericsson Chief
Europe is falling behind on 5G as the U.S. and other nations move forward, Borje Ekholm, Ericsson CEO, warned this week. “The companies, countries, and regions that lead with 5G today will reap the lion’s share of innovation and become…
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the economic and political powerhouses of tomorrow,” Ekholm wrote: “Just as railroads catalyzed industrialization, next-level mobile networks will reshape the economic and political landscape, driving sustainable growth.” The U.S. and China were the first to build nationwide 4G networks and “India, the US, and China, along with parts of the Middle East, are already racing ahead in the 5G era,” he said. China has deployed more than 10,000 private networks “while India has doubled down on its 5G efforts to deploy more than 1 million 5G cells within a year.” The choice in Europe is clear: “Either continue leading the world in regulation, or start competing in innovation and technologies such as 5G.”