ERICSSON REPORT REVEALS 5G CONNECTIVITY OPPORTUNITIES
Ericsson ’ s ConsumerLab report highlights differentiated 5G connectivity opportunities for communications service providers and suggests that 5G consumers are three times more likely to switch providers because of poor connectivity experiences . More than 37,000 consumers in 28 countries were interviewed during May and June 2023 , with Ericsson ’ s findings reflective of the opinions of about 1.5 billion consumers and 650 million 5G users .
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REGULATOR PROMPTS CMA INVESTIGATION INTO CLOUD SERVICES
A CMA market investigation was ordered by Ofcom to ascertain if dominant hyperscalers are hindering competition between cloud providers . Ofcom referred the public cloud infrastructure services market for investigation over if there are valid concerns over hyperscalers limiting competition and hampering innovation . This is to ensure larger tech companies are not holding a ‘ monopoly ’ over essential services .
LEADING MOBILE PROVIDER BILLED MOST VALUABLE BRAND IN EUROPE
Brand Finance has billed Deutsche Telekom as the most valuable brand in Europe , overtaking fellow German brand , luxury and commercial vehicle automotive company Mercedes-Benz , to the top spot . The German telco ’ s value increased by a staggering 17 % to € 60.7 billion ( US $ 64 billion ) in 2023 .
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