Equity Research Director at Barclays Mathieu Robillard tells us why #EUMerger control should also consider investment capacity, sustainability, and Europe’s sovereignty—especially in #telecoms. Read the BRG report: buff.ly/2qZKMJI #MWC26 #MWC26MP #EUcompetition

📉 The revenue–investment chain is weak: mobile revenues are the same as 10 years ago, but costs keep rising.
🏦 Policy reform is now central — including the #DigitalNetworksAct, the review of #EUMerger guidelines, the #CybersecurityAct & a bolder industrial policy approach.