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EU telecom industry saw 2 percent investment decline in 2023, study says

( January 28, 2025, 06:00 GMT | Official Statement) -- MLex Summary: Europe's telecom industry saw a 2 percent drop in investment in 2023 — the first decline in seven years — according to a report by Connect Europe, which represents the bloc's largest telecom companies. The report, titled 2025 State of Digital Communications, said that fragmented markets and low revenue per customer, as well as regulatory hurdles, are threatening the industry's global competitiveness. There is an urgent need to speed up innovation in networks “to secure [Europe's] competitiveness and technological sovereignty,” Connect Europe said.Full press release below and the report is attached:...

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