European commission makes 50 million euro investment in 5G networks, aims for 2020 deployment

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Vice President of the European comission Neelie Kroes announced a 50 million euro investment in future 5G networks with a goal of deployment by 2020. In a speech, Kroes noted that “Europe used to lead the world in wireless: we invented the GSM satandard, we once dominated devices. Yet now we are falling behind. Overtaken to the East and the West”.¬†Looks like Kroes has opened mouth for war there. However, her intent is for “5G to be pioneered by European industry, based on European research and creating jobs in Europe.” We can get behind that, right?

The EC has allocated more than 700 million euros from 2007 to 2013 for research on future networks. As of yet, 5G is still a placeholder word without connections to any formal standard or documentation.