Europe is injecting 50 million euros into 5G

by bold-lichterman

While 4G is only taking its first steps in France, the European Commission announced yesterday that it would invest 50M € to carry out research on 5G.

EU-5G

The organization hopes that this new very high-speed mobile technology can be effective by 2020.

Neelie Kroes, Vice President of the European Commission, declared as part of the Mobile World Congress: “I want 5G to be developed by European industry, based on European research and to create jobs”.

Dedicated grants will thus be allocated to a battery of projects whose names are still encrypted: iJOIN, TROPIC, COMBO, MOTO or even METIS which should receive nearly 16M €.

Overall, the European Commission boasts of having injected more than € 700M between 2007 and 2013 for research into new networks.