EU still needs €300bn to realise full benefit of 5G null

Europe needs €300 billion in digital network investment over the next four years if it is to realise the full socio-economic benefits of full fibre and 5G, according to telecoms industry body ETNO.

A new report from the organization says 5G alone can generate an annual increase of €11 billion in GDP and 2.4 million new jobs by 2024 as part of the continent’s wider economic recovery.