Economics
Ericsson Says U.K. Telecom Rules Risk Undermining 5G Opportunity
- Says nation’s competitiveness at risk, decisive action needed
- Government says happy to meet with Ericsson to discuss 5G role
A pedestrian, wearing a protective mask, walks past an advertisement for 5G network services at an EE store, in Birmingham, U.K.
Photographer: Darren Staples/BloombergThis article is for subscribers only.
The U.K. risks missing the benefits of fifth-generation wireless networks because of policies that could lead to an expensive and inefficient roll-out, said telecommunications giant Ericsson AB.
“Decisive action is needed -- uncertainty is not good for business and it could delay the roll-out of the U.K.’s 5G network, putting the country’s long-term competitiveness at risk,” said Arun Bansal, head of the wireless equipment supplier’s European and Latin American operations.