The timely deployment of 5G throughout Europe has gained the endorsement of SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG) .
The "5G Manifesto for Timely Deployment of 5G in Europe" document and industry recommendations on 5G will be discussed at the meeting of the European Commissioner Günther H. Oettinger with the CEOs of the leading telecommunications and infrastructure companies in Brussels. The 5G Manifesto intends to foster effective interactions and collaboration with industry verticals, the formation of ecosystems as a result of large-scale demonstrators as well as an investment-centric policy framework to ensure European digital leadership in 5G and beyond.
Once deployed, 5G will be the key enabler for the digitization of the European economy, accommodating the connectivity needs of industrial applications such as high speed, low latency, resilience and ubiquity. 5G networks will serve a broad range of industries, especially within the automotive, transportation, healthcare, energy, manufacturing and media and entertainment sectors.
Before the meeting, Günther H. Oettinger, Commissioner for the Digital Economy and Society, welcomes the 5G Manifesto and the discussions with the high-level industry group, as such will assist the EU to focus on the key levers to ensure European digital leadership in 5G, with a 5G Action Plan to be released in the fall.
SES has invested in high throughput Geosynchronous Earth Orbit (GEO) satellites and O3b’s Medium Earth Orbit (MEO) satellites., which will accelerate 5G deployment.
Becoming the global leader in 5G is a belief held by Karim Michel Sabbagh, the President and CEO of SES. Key stakeholder synergy is essential for 5G deployment success, with satellite being a key building block for such to occur, he said, and that with SES being a founding member of the European 5G Public Partnership, his firm will be a major contributor to the 5G efforts and will drive and support the coordinated deployment of this advanced connectivity infrastructure.