European Investment Bank

Telefónica and Orange grow European startups

European operator groups Telefónica and Orange have thrown their weight behind a project led by the European Commission to help the region’s technology startups to grow into global internet firms. The EC said it plans to “take on Silicon Valley” with the launch of two initiatives; an acceleration programme called the Startup Europe Partnership and a think tank called the European Digital Forum.

Polls

With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?

  • Yes, Google and Amazon will now dominate this space (65%, 40 Votes)
  • Consumers won't have made up their mind (19%, 12 Votes)
  • No, Google and Amazon will not be able to replace the telcos in the mind of the consumer (16%, 10 Votes)

Total Voters: 62

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