January 24, 2023

Should You Invest in Provention Bio (PRVB)?

Reuters

EU wants to cut red tape, costs to spur rollout of 5G – document

The European Commission wants to cut red tape and costs to help Deutsche Telekom, Orange, Telecom Italia and other telecoms operators roll out fast-speed 5G, according to a Commission document seen by Reuters. The EU executive, which wants all Europeans to have access to gigabit connectivity and 75% of EU companies to use cloud infrastructure or artificial intelligence technology by 2030, is expected to announce its proposal, called the Gigabit Infrastructure Act, on Feb. 10. The measure could save telecoms operators about 40 million euros ($43.5 million) in annual administrative costs, the paper said.

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