France needs 5G to attract investors: Iliad founder Niel

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PARIS – A protest movement against the deployment of 5G mobile technology in France is likely to reduce the country’s attractiveness for investors, French tycoon Xavier Niel said on Tuesday.

“5G is an element of attractiveness for our country,” said Niel, founder of the French broadband Internet provider Iliad, during a press conference.

“There is a time when we are going to have to create jobs in this country, so we need foreigners and investors to come here. “

France plans to hold its highly anticipated 5G spectrum auction in late September after several delays, notably due to the coronavirus epidemic.

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