The CEO of Ericsson, Börje Ekholm, has warned that Europe risks falling behind the rest of the world in 5G roll-out due to “heavy regulation”. Speaking to the Mobile World Congress on Monday, Ekholm said “It’s a very heavily regulated sector, so overall the investment climate I think is the key reason why we have been slow.”

An authoritative Ericsson company report has predicted that North America and northeast Asia will be the fastest to take up 5G and roll out the new technology. Brexit gives the UK an opportunity to leave sluggish Europe and its overregulatory debilitating habits behind…