US outperforms the EU in the mobile market, according to a report by GSMA. The report 'Mobile Wireless Performance in the EU and US' which was developed in collaboration with Navigant Economics points out the usage, technology and investment performance gaps including LTE deployments, network speeds, total mobile usage and the rollout of advanced services between the two regions.Citing inefficient mobile market structure within EU as the major factor to its lagging performance, the report outlines policy recommendations to recreate EU's competitive edge in the market.
“Europe was the early leader in mobile, with a wide range of companies pioneering the innovation that now benefits more than 3.2 billion men and women around the world,” said Anne Bouverot, Director General, GSMA. “However, this report confirms the very sobering reality that Europe has lost its edge in mobile and is significantly underperforming other advanced economies, including the United States. While there are many factors that have contributed to Europe’s current position, it is clear that enlightened policy reforms could bring improvement, creating substantial benefits for EU consumers and driving economic growth.”
