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EU telecom leaders push for deregulation, increased R&D investment

By Inbar Preiss ( January 16, 2025, 11:16 GMT | Insight) -- EU telecom leaders, including Ericsson’s Börje Ekholm and Nokia’s Pekka Lundmark, today called on the European Union to cut regulatory barriers and increase R&D funding to counter declining global competitiveness. EU digital chief Henna Virkkunen acknowledged the need for consistent legislative application, citing Europe’s lagging position despite it being home to leading telecom companies.Europe’s telecom leaders have asked the EU to cut down regulation and to increase research and development funding, in the hope of turning around the bloc’s laggard place in global industry....

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