TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Open RAN
  • Digital Platforms and Services
  • 5G
  • Access Evolution
  • Private Networks
  • Cloud Native
  • Edge
  • Open Networking
  • Sustainability
  • AI, Analytics and Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • 5G
  • 6G Research and Innovation
  • Access Evolution
  • AI, Analytics and Automation
  • Cloud Native
  • Digital Platforms and Services
  • Edge
  • Open Networking
  • Open RAN
  • Private Networks
  • Security
  • Sustainability
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Telco & CSP

Telco & CSP

Jose María Álvarez-Pallete calls on MEPs to adapt Europe to the new digital economy

Via Telefonica Press Room

Oct 1, 2019

Brussels, 1 October 2019.- The Chairman & CEO of Telefónica, José María Álvarez-Pallete, presented last night to a group of members of the European Parliament the company's views on Europe’s transition to a new digital economy. This process is defined by the exponential growth of data, whose volume has grown 45 times between 2005 and 2014.

"Just as efforts are being made to mitigate the effects of climate change with investments in renewable energy, it is time to manage the transition to the new digital economy resulting from the explosion of data, something that is creating inequality and many collateral effects," said Álvarez-Pallete. The digital revolution is changing all aspects of our lives, everything will be connected to the Internet in the short term. "The transition presents challenges that we must address. It is about data, it is about the digital economy, it is about fundamental rights. We have to prepare our networks for this traffic explosion," he said.

During the meeting with MEPs, the Chairman & CEO of Telefónica reviewed some of the premises contained in Telefónica’s Manifesto for a New Digital Deal that are key to a successful transition to the new digital economy. Telefónica believes in inclusive and fair connectivity so that the whole of society participates in the benefits of this new economy. "Connectivity is the key, and we cannot leave anyone behind", he said, stressing also the need to adapt policies to encourage investment and foster education, as well as a fair competition framework that adapts to the new digital economy. He spoke about the need to create a framework of trust where users feel that they have control over their data, that it is used transparently and that it is kept secure.

Álvarez-Pallete took the opportunity to defend the importance of the telco sector in the European economy, of which it represents approximately 5% of GDP, as well as the important role that operators will play in this transition. "Europe has a unique opportunity to move successfully towards the new digital economy thanks to its strong industrial base and long history of defending values. We are not late," he said.

Related Topics
  • Announcement,
  • Europe,
  • Telco & CSP,
  • Telefónica,
  • Tracker

More Like This

Sustainability

BT partners with QiO to help customers deliver on sustainability commitments

May 18, 2022

Digital Platforms & Services

BT Means Business with launch of new Charter for UK enterprises and public sector

May 18, 2022

Digital Platforms & Services

What’s up with… BT, AT&T, Stéphane Richard

May 18, 2022

Sustainability

Orange commits to device recycling across European footprint

May 18, 2022

Security

Telefónica Tech inaugurates its Digital Operations Center in the Global Innovation and Talent Hub

May 18, 2022

This content extract was originally sourced from an external website (Telefonica Press Room) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

35:55

The best use cases for telco/public cloud partnerships

13:58

Ahmed El Sayed on Vodafone’s ‘techco’ transformation

36:47

The role of 5G in private network innovation

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2022. All rights reserved. All brands and products are the trademarks of their respective holder(s).