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1、Countering the threat to Europes 5G rollout European telco investments under the economic downturn Strategy& | Countering the threat to Europes 5G rollout2 Contacts The Netherlands Steven Pattheeuws Partner, PwC Strategy& Netherlands +31-62-279-1964 steven.pattheeuws Turkey Kaan Karamanolu Partner,

2、PwC Strategy& Turkey +90-212-326-6309 kagan.karamanoglu Germany Jens Niebuhr Partner, PwC Strategy& Germany +49-211-3890-195 jens.niebuhr About the authors Steven Pattheeuws advises clients in the telecom, media, and technology industries on technology, operational transformation and capital allocat

3、ion for Strategy&, PwCs strategy consulting business. Based in Amsterdam, he is a partner with PwC Netherlands. Kaan Karamanolu advises clients in the telecommunications space on growth strategies, transformation and turn-around programs. He has worked with operators in several countries and has clo

4、se to ten years telecoms line experience on commercial strategy, business planning, product and business development as well as front office transformation. Based in Istanbul, he leads Strategy& Turkey. Jens Niebuhr advises clients in the ICT industry bringing perspectives from leading telecom, tech

5、nology and software players together. Jens focus is on digital transformation, go to market and operating model design as well as turn-around programs. Based in Dsseldorf, he is a partner with PwC Strategy& Germany. Strategy& | Countering the threat to Europes 5G rollout1 So far, the COVID-19 pandem

6、ic has had little adverse impact on tele- communications companies (telcos). On the contrary, with a surge in home-working and digitization, communication capacity and quality requirements have increased, making telcos even more critical to our economy and society. However, going forward, the global