Swedish firm Ericsson requires liberalization of European telecom markets | EUROtoday

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Ericsson requires liberalization of European telecom markets

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A man stands in front of a screen with the inscription "5G" A man stands in front of a screen with the inscription "5G"

The 5G frequency allocation was costly for cell operators

Source: dpa

In Europe, in comparison with Asia and the USA, little is invested in telecommunications and their infrastructure. There are additionally too many competing corporations. Coordination between nations additionally wants to enhance.

DThe Swedish communications group Ericsson is looking for a rethink in European digital financial coverage: “The European telecommunications market has suffered from an investment gap since the 4G era, which has led to other regions taking on a digital leadership role – more digital companies are emerging there,” says Jenny Lindqvist, Executive Board Member for Europe at Ericsson.

“We want a competitive Europe in the digital age. But this can only be achieved if we have a sustainable telecommunications market that encourages investment in infrastructure.”

Lindqvist additionally sees a necessity for reform in European competitors coverage: “Today there are over 100 mobile operators in Europe, all of whom want their market share, but most of them lack the customer base to make sufficient investments,” Lindqvist advised WELT AM SONNTAG. “In the leading 5G markets in the USA, China and India there are 2-3 operators with around 100 million customers or more – size is crucial. Consolidation in national telecommunications markets must be allowed.”

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Ericsson can be calling for higher European coordination in cell spectrum allocation: “Spectrum policy is another key area. We need to move away from the current situation in which policies and timetables are not synchronized between EU member states,” says Lindqvist. “Too many states are focusing on short-term profits through high spectrum fees, instead of creating incentives for investment through lower fees combined with obligations to expand the network.”

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https://www.welt.de/wirtschaft/article252258908/Schwedisches-Unternehmen-Ericsson-fordert-Liberalisierung-der-europaeischen-Telekom-Maerkte.html