Höttges’s frustrations about a stagnant European telecom industry hampered by low margins and high levels of competition were echoed by others on his panel. — AFP
European telecommunications executives gathered at the continent’s biggest trade show railed against over-regulation, blaming Brussels for preventing consolidation in the industry that’s fallen behind peers in the US and Asia.
"You know, what Europe needs is a DOGE,” Deutsche Telekom AG Chief Executive Officer Tim Höttges said Monday at the Mobile World Congress in Barcelona, referring to the Trump administration’s cost-cutting Department of Government Efficiency spearheaded by Elon Musk.
