Data Privacy & Security Data Privacy & Security

EU telecom networks' 'investment gap' could pass EUR200 billion, EU Commission official says

EU telecom companies could be falling short of required network investment by more than 200 billion euros ($220 billion) by the early 2030s, a European Commission official warned today.
A report to be published by the EU executive will stress an “investment gap” for the bloc’s move toward its “Digital Decade”

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Matthew Newman

Chief Correspondent

Matthew Newman is a chief correspondent for MLex and writes about data protection, privacy, telecoms, cyber security and artificial intelligence. Matthew began his journalism career in 1991 in community newspapers. He worked as a reporter in Riga, Latvia in 1993 and then moved to Chicago where he covered local news. In 1995, he became a personal finance reporter for Dow Jones Newswires, and was then transferred to Brussels in 1999. He specialized in EU regulatory affairs, including trade and telecom issues. He began covering competition for Bloomberg News as an EU court reporter in 2004. In 2010, he was named spokesman for Viviane Reding, the EU’s justice commissioner. In January 2012, he helped launch the commission’s proposal to overall data protection rules.

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