'Please unleash us,' Europe's telcos urge regulators as industry bangs drum for more mega-deals

At the Mobile World Congress in Barcelona, European telecommunication firms are calling for more industry consolidation to compete with the U.S. and China in technologies like 5G and AI. CEOs argue that the current fragmented market with numerous telco players hinders their ability to invest in technology and bring about positive change. They are urging regulators to make it easier for them to merge and reduce the number of carriers operating across the continent to achieve the necessary scale for effective competition.

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