- Working groups
Brussels, 1 October 2014 – ETNO, the Association representing the EU’s leading telecom operators, has presented today its “Agenda for Europe” in view of the next term of the European Commission. According to figures presented in the Agenda, a new set of policies would help multiply telcos’ investment allowing the internet economy to be fully implemented. This would generate increases in efficiencies and productivity in the order of trillions of euros.
During the fifth Financial Times-ETNO Summit, ETNO Chairman Luigi Gambardella and the Director Daniel Pataki, outlined the details of ETNO’s vision for a new society, enabled by a flood of fresh investments in digital infrastructure and services.
ETNO Chairman Luigi Gambardella said: “We need to promote an ambitious reform of the current policy and regulatory approach to Digital. Let’s make Europe a magnet for private and public investments, in the interest of both consumers and businesses”.
The new vision presented by ETNO is based on five key pillars.
According to analyses developed by the consultancy Arthur D. Little in the context of ETNO’s Agenda for Europe, the European telecoms sector will contribute with an investment capacity of €250 billion over the next five years. “With the right policies, the economic multiplier can be up to 13 times the initial investment” said Andrea Faggiano, Head of SASCAR at Arthur D Little. “This means that a full implementation of the internet economy is a trillion-euro opportunity”.
The full version of ETNO’s Agenda For Europe is available here and on your ETNO USB stick.
ETNO Chairman’s speech outlining the main priorities for the next European Commission is available here.