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European 5G rollout to slow 12-18 months as pandemic impacts investments - PwC

Tuesday 28 July 2020 | 11:41 CET | News
The rollout of 5G in Europe will be delayed by 12-18 months as a result of the impact of the Covid-19 pandemic on operator investments, according to a report by PwC. The capex budget at telecommunication companies will be redirected to support demand for network capacity caused by increased home-working and reduced commuting. Overall, investments at European telecommunication companies will decrease by an estimated EUR 6-9 billion over the next two years. Based on this outlook, PwC urged telecommunication companies to review the timetable for the rollout of 5G networks. 

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Categories: Mobile & Wireless
Countries: Europe
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