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Europe needs € 300 billion to deploy 5G networks

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Europe needs to invest 300 billion euros in its telecommunications infrastructure by 2025 if it wants to roll out a 5G network to accelerate economic growth and harness the potential of the technology. Such an assessment is contained in a study conducted by the consulting firm BCG.

The study, commissioned by telecommunications lobbying group ETNO, was carried out as the European Union is pinning its hopes on 5G to emerge from the recession caused by the COVID-19 pandemic.

European carriers are reluctant to invest in the 5G networks that smart factories and self-driving cars need, due to the huge costs. At the same time, they complain that plans for mergers that would help master these costly projects have been blocked by EU antitrust rules.

Delays in auctioning off the radio spectrum required for 5G also played a negative role. The delays are caused by governments shifting their focus to tackling the pandemic.

The study suggests several measures that governments and regulators could take to develop the telecommunications industry.

One of them is the introduction of new ownership models that ensure infrastructure sharing. Another proposal is to ease restrictions on telecommunications service providers’ cooperation and joint investments. The study also called on carriers to allow monetization of data traffic on their networks to catch up with competitors including Google, Facebook, Microsoft and other tech giants.

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Phones

Four iQOO smartphones will receive Android 12 in December

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The iQOO brand has revealed Android 12 release dates for a number of its models. True, we are not yet talking about the final version of Android 12 – it will have to wait longer.

IQOO 7, iQOO 7 Legend, iQOO Z3 and iQOO Z5 users will receive the Android 12 beta at the end of the year – at the end of December. And at the end of March 2022, the beta version of Android 12 will be released for iQOO 3.

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Phones

Another foldable smartphone comes out in November – with 120Hz OLED screen, Snapdragon 888 and 50MP camera

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Details about the Oppo smartphone with a flexible screen appeared on the web. According to the source, the device will be released in November and will be built on a single-chip Qualcomm Snapdragon 888 platform.

The smartphone does not have a name, but the key characteristics are listed. So, the device is assigned an OLED screen with a diagonal of 8 inches with a frame rate of 120 Hz, a 32-megapixel front camera and a multi-module main camera with a main sensor with a resolution of 50 megapixels, a 4500 mAh battery with support for 65 W fast charging. The operating system is expected to be Android 11 with ColorOS 12 interface. There is no price, but it will probably be more affordable than the Samsung Galaxy Z Fold3.

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Not a trace remained of $ 66,000. Bitcoin fell, followed by Ethereum

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The week began for the main cryptocurrencies of the world with a rise in price and the establishment of new price highs, and ends with a fall, and quite noticeable. Over the course of a day, Bitcoin loses about 4.5% of its value, and as a result, for 1 BTC now they give not $ 66,000, but about $ 60,500.

After Bitcoin began to fall, Ethereum was still holding, but its rate had already gone down too, dropping below the psychological mark of $ 4,000. Analysts believe that such a fall in cryptocurrencies is due to their sell-off on the part of investors – they are fixing profits against the backdrop of a strong growth in value that has been observed since the end of September. This means that after the current correction, Bitcoin may rush to new heights, but whether altcoins will follow it is a big question.

Not a trace remained of $ 66,000.  Bitcoin fell, followed by Ethereum

Interestingly, against the background of a decrease in quotations of other cryptocurrencies from the Top 10, Solana feels very confident: it grew by almost 6% per day, and by almost 25% in a week.

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