EU: EUR 50 Million for the Development of 5 g

The EU Commission has allocated 50 million euros for the development of 5 g-technology in 2013.

European Commission vice President Neelie Kroes on Tuesday announced it has granted 50 million euros (373 million dollars) to the research, which must make 5 g mobile technology available by 2020.

Thus, Europe must back in the lead, with regard to the global mobile industry:

I want 5 g be pioneered by European industry, based on European research and creating jobs in Europe – and we will put our money where our mouth is, “says Neelie Kroes.

EU invests a total of more than 700 million euros (5,22 billion dollars) from 2007 to 2013, in research in future networks. Half of these funds are earmarked for wireless technology, including the development of 4 g and subsequent network (5 g).