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Invest if you want to overcome the crisis, mobile operators tell the EU

By matching US levels of ICT investment, European states could add up to €760 billion to their collective GDP by 2020, which represents a five per cent increase over forecasts, mobile operators’ association GSMA says. “The mobile industry is one of the most capital-intensive industries, with capital expenditures representing 12 per cent of sales on average in 2010. The mobile industry’s investment demand is considerably higher than for other fast-moving, innovation-based…