Vodafone's CEO Margherita Della Valle warns that Europe is lagging in 5G network development compared to the US and China, partly due to a focus on low consumer prices. This approach is discouraging investments essential for digital infrastructure. The recent approval of Vodafone's substantial merger with Three is highlighted as a potential turning point, showcasing how larger operators can pool resources for significant 5G advancements. Della Valle emphasizes that without a shift in regulatory attitudes, Europe risks becoming dependent on foreign technology, adversely affecting its global competitiveness and innovative capacity.
Europe risks falling further behind global rivals in 5G rollout due to regulatory focus on low prices, limiting necessary investments for digital infrastructure.
The approval of Vodafone’s merger with Three shows that larger telecom operators can provide the necessary scale for significant investments in 5G.
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