Summary:
- The article discusses the push by European telecom companies for more mergers and consolidation to help them compete with the US and China in the 5G race.
- Telecom executives argue that the European market is too fragmented compared to the US and China, making it harder for them to invest in 5G infrastructure.
- They are urging European regulators to take a more lenient approach to mergers and acquisitions to allow for the creation of larger, more competitive telecom companies in Europe.