ETNO and leading consultant IDATE presented today their Annual Economic Report, which outlines the performance of the European telecoms sector in 2016. As the EU discusses how to boost investment in its digital networks, the report finds that ETNO members have contributed with 70% of the total sector investment in fixed networks in 2015.
Overall, Capital Expenditure grew 4% across the EU28 countries, while telecom service revenues growth is now close to zero. The EU-US investment gap is still wide, with Americans deploying €63bn in 2015 versus €47bn in the EU.
Connectivity is at the heart of the digital economy and society. Citizens needs to be connected to benefit from the digital economy. Politico’s Connectivity Summit looked at the potential of 5G for transforming the EU’s economy.
ETNO has been the voice of Europe’s telecommunications network operators since 1992 and has become the principal policy group for European electronic communications network operators. Its 41 members and observers from Europe and beyond are the backbone of Europe’s digital progress. They are the main drivers of broadband and are committed to its continual growth in Europe. ETNO brings together the main investors in innovative and high-quality e-communications platforms and services, representing 60% of total sector investment.