A recent 5G airwave spectrum auction in Italy has European wireless carriers on edge.
The steep prices the auction fetched underscored investors’ concern that Europe is a challenging place to undertake a massive initiative like next-generation wireless networks, Thomas Seal reports. European governments should ease up on regulation so companies can keep up with Asian and U.S. rivals, the CEOs of Europe’s biggest wireless players—including Deutsche Telekom, Telefonica, and Orange—said at an industry event in Brussels.
European phone companies have often complained about heavy regulatory environments, but the tone has sharpened recently as 5G challenges loom. The Italian government’s ...
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