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As a leading company in this field, we share the comments advanced by Jeremy Rifkin, Sustainability Adviser to the European Commission Presidents, during his keynote lecture, in particular about the need of a sector approach that must take into account the differences in return to investment based on the targeted areas. With the important addition: the European Union can be the ideal location to explore the opportunities of modern connectivity and shared mobility thanks to the elimination of country borders, since “technology and digital infrastructures don't like borders. They just like open space", as Rifkin stated.

During the Summit, regulators, industry executives and journalist debated on the reforms to the Electronic Communications Code issued in October 2016, the policy priorities of the new European Parliament and their impact on European Telecoms, Media and technology.

Two main subject were touched: the importance of a reliable optic fibre network in Europe for the development of 5G mobile networks and the consequences of the loosening of regulations in the US on the European scenario.

From Prysmian’s point of view, the first is pivotal, while the second mainly relapses on governments and parliaments. In terms of mobile connectivity, the focus of the European Commission in its communications is an action plan on the roll-out of 5G, for the realization of which the only long term solution relies on fibre networks. The Summit in Brussels showed that both the European Commission and the industrial sector are now aware of this situation, and are ready to move a step beyond the concept of technology neutrality.

The choice of optical fibre, provided that the appropriate choice of components is made, has a number of very positive implications. Some of these were highlighted in the speech given by Prysmian Group’s CEO Valerio Battista during his interview with Daniel Thomas of the Financial Times.