Mobile phone giant Nokia’s chief technology officer Hosseion Moiin claims Europe is not taking enough “risks” when it comes to investment in 5G.

5G is being developed to meet the needs of next-generation mobile networks by pooling bandwidth to boost range and speed. Average speeds of 100Mbps are expected, with 5G able to handle more data, connect more devices, significantly reduce latency and bring new levels of reliability.

Currently, there is no standard for 5G technology, but even during these early days Moiin said he is “not optimistic” about the future for the next generation of mobile technology in Europe.

With T-Mobile US hopeful of launching a nationwide 5G network by the end of 2020, Mooin said Europe is being held back by regulatory authorities not introducing “investor-friendly” policies.

Moiin said: “I think we can help T-Mobile to reach that by the end of 2020. It is very aggressive but they want to be not just a low-cost leader but also a technology leader.”

There are currently no European service providers making any 5G commitments to this degree.

Recently, an alliance of telecom industry lobby groups criticised the European Commission for what they see as a lack of focus on 5G.

Last month, The Ticketing Business reported that Irish operators have agreed to pay almost €80m (£70m/$90m) for 5G networks in the country despite the spectrum not likely to be launched until 2021.

Vodafone, 3 Ireland, Meteor, Imagine and Airspan have paid €57m in the government’s latest auction and have pledged a further €21m over a 15-year licensing period.

Image: geralt