Sep, 2016 : Planned EU Bandwidth Boost to Raise GDP $1 Trillion


📅 - New regulations proposed by the European Commission to speed EU telecom networks and also boost investments, could also raise the economic output by 910 billion euros ($1 trillion) and help to create more than 1 million new jobs by 2025.

The cost to get there over the coming decade is expected to exceed 500 billion euros. According to an e-mail from the commission, most of those funds will come from private sources. The EU is enticing investors by promising to “substantially” cut regulations, and also by presenting a plan to deploy 5G mobile networks across the region.

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Reads: 797 | Category: General | Source: TheHN : The Hosting News

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