MWC 2016 LIVE: CEOs issue rallying call to drive ‘gigabit economy’

gigabit Mobile World Congress 2016CEOs from the world’s largest mobile operators highlighted the challenges facing the industry over the coming five years, as society adapts to the changes being brought by advancements in mobile technology and digitisation.

In the opening keynote on Monday, Mats Granryd (pictured), director general of GSMA, said mobile technology has already played a huge part in driving global connectivity towards the creation of what he termed the “mobile society”.  But he warned that the industry should not rest on its laurels.

“What brought us here won’t keep us here,” he said. “We do need to be more innovative and more collaborative.”

Vittorio Colao, Vodafone Group CEO, echoed this message, saying that the big changes in society over the next five years “will be really shaped by us”.

“I call it the gigabit society,” Colao said, noting that this would be when networks provide very high speeds and very low latency as well as a strong level of security.

“I am convinced we are building this now…we are all working in this direction,” he added.

Cesar Alierta, chairman and CEO of Telefonica, added that telcos now have the opportunity to have a different kind of relationship with the customer, and could achieve this by “fostering innovation”, which he sees as the key to progress.

However, Vodafone’s Colao noted that a healthy gigabit society would not result from a “random” development of technologies but would require pro-investment policies, a thriving ecosystem of providers with no dominant players, education and training, and regulatory frameworks that support strong competition.

He also underlined the “huge cost” to the industry of building the gigabit economy. “We need to be rewarded,” he said. “We are not a lemon to be squeezed.”

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Featured Stings

Ukraine takes EU money and runs to sign with Russia

The three sins the EU committed in 2015

Bank resolutions to remain a politically influenced affair

Eurozone: How can 200 banks find €400 billion?

Responsible Artificial Intelligence

Will Merkel ever steer the EU migration Titanic and restore her power in Germany?

A Sting Exclusive: EU Commission’s Vice President Šefčovič accentuates the importance of innovation to EU’s Energy Union

EU out to conquer African Union summit

Bundestag kick starts the next episode of the Greek tragedy

European Youth Forum and youngest MEPs call on President Juncker to keep his promise to Europe’s youth

It’s EU vs. Google for real: the time is now, the case is open

Refugee crisis update: EU fails to relocate immigrants from Greece and Italy

A Sting Exclusive: “Doing ourselves a favour”, Vice President Dombrovskis underscores that this time growth has to come from within the EU

The Swiss will pay dearly for voting out fellow Europeans

Vulnerable young people must not be blamed & stigmatised for violent radicalisation

COP21 Breaking News_10 December:#ParisAgreement: Points that remain in suspense

Light at the end of the Eurozone tunnel

Draghi tells the Parliament the ECB to use all its weaponry; euro slides to parity with the dollar

Four things Turkey did for business in the G20

The Commission tries to stop the ‘party’ with the structural funds

A shortened EU Summit admits failures, makes risky promises

The European Parliament double-checks the EU 2014-2020 budget

EU leads the torn away South Sudan to a new bloody civil war

Dutch voters reject EU-Ukraine partnership and open a new pandora’s box for the EU

Global Citizen-Volunteer Internships

Eurostat: Real unemployment double than the official rate

‘Two pack’ austerity package in force but with less vigor

Opening Remarks by H.E. Ambassador Yang Yanyi, Head of the Chinese Mission to the EU at the Chinese Fashion Night

The EU Consumer Policy on the Digital Market: A Behavioral Economics View

Drowning in the Mediterranean this summer? Many happy returns

Russia and the EU ‘trade’ natural gas supplies and commercial concessions in and out of Ukraine

MWC 2016 LIVE: Telenor CEO calls on operators to embrace Mobile Connect initiative

European Youth Forum welcomes establishment of new Youth Intergroup in the European Parliament

An Easter Special: Social protection of migrants in Europe as seen through the eyes of European youth

France fails again the exams. Kindly requested to sit in on Commission’s class

Brussels to tear down the trade wall with Mexico as opposed to Trump’s “walls”

Five-year low inflation for Eurozone and now Mario has to finally wake up the Germans

Greece lost a month that cannot be found neither in “mini Summits” nor in Berlin

EU Commission indifferent on Court of Auditors’ recommendations

Long live Eurozone’s bank supervisor down with the EU budget supremo

On Youth Participation: Are we active citizens?

Germany and OSCE support an east-west dialogue in Ukraine without exclusions

Scotland and First Minister Salmond enter the most challenging battlefield for independence: Europe

Banks suffocate the real economy by denying loans

The US repelled EU proposals on common rules for banks

IMF: Sorry Greece, Ireland, Portugal we were wrong!

Eurozone guarantees all banks with…taxpayers’ money

Greece did it again

Everybody against Japan over yen’s devaluation

EU finally agrees on target for 40% greenhouse emission cuts ahead of Paris climate talks

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s