Skip to content
Friday 24 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,736.53
+0.92%
DAX
25,070.45
+1.24%
CAC 40
8,362.98
+0.77%
STOXX 50
6,273.23
+1.02%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 29 June 2020 12:01 am  |  Updated:  Sunday 28 June 2020 5:10 pm

Sadiq Khan backs proposal for quicker 5G rollout in London

By: Stefan Boscia

Add as a preferred source on Google
Helios Towers shares fell over 11 per cent in early trading on Friday after it said it racked up a larger debt pile in its interim results.
Helios Towers shares fell over 11 per cent in early trading on Friday after it said it racked up a larger debt pile in its interim results.

Sadiq Khan has backed a new report that calls for a quicker rollout of 5G infrastructure in London and beyond.

A new report out today by former Treasury economist Matthew Oakley, and commissioned by Vodafone, found that an upgrade from 4G to 5G infrastructure would have a £120bn benefit to the UK economy over 10 years.

London would benefit in this same timeframe by a £37.9bn uptick in economic output.

The report found that 5G would help “the take-up of smart healthcare devices” and that “schools and universities would have more capability to conduct virtual lessons over faster and more reliable mobile networks”.

Vodafone has previously expressed its support for Chinese telecoms company Huawei to help build the UK’s 5G network.

“As our economy begins to recover from the effects of Covid-19, we need to explore the potential of 5G to improve Londoners’ lives – from how they get around the city to how they access healthcare,” Khan said.

“Through our ambitious work on improving digital connectivity, we’re using London’s streets and the Tube network to improve fibre coverage and lay the foundations for 5G over the next decade.”

Read more

No air conditioning on the Tube? Blame Sadiq Khan

Crowded London Underground platform during summer heat wave, passengers fanning themselves to stay cool

Vodafone chief executive Nick Jeffery added: “5G will play a vital role as the economy recovers from the Covid-19 pandemic.

“It is crucial to recognise the role that fast and reliable connectivity will play in unlocking the digital potential that exists in every region across the country.”

The new report comes after recent speculation suggesting the UK was prepared to U-turn on its decision let Huawei help build the country’s 5G network.

Boris Johnson made the decision earlier this year to allow Huawei to build “non-core” elements, which were deemed to be less vulnerable to potential security attacks.

Downing Street has come under heavy pressure from Conservative MPs about Huawei’s involvement, with many concerned the firm could collect sensitive information through the network on behalf of the Chinese state.

Earlier this month, Vodafone UK’s chief technology officer Scott Petty said “UK’s leadership in 5G will be lost” if it drops Huawei from helping build the network.

Read more

Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor 

Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • London business

Trending Articles

  • BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’

  • Regulator flags BDO’s ‘unacceptable’ audit issues for fifth year in a row 

  • Wise denied US banking licence in blow to expansion plans

  • Tax rises ‘guaranteed’ as Healey faces £22bn black hole from Burnham spending plans

  • ‘We are going to run out’: Mitie marks eleventh mega takeover of 2026

More from City PM

  • No air conditioning on the Tube? Blame Sadiq Khan

    Opinion
    Crowded London Underground platform during summer heat wave, passengers fanning themselves to stay cool
  • Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor 

    Politics
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • U.K. Firms Adopt AI-Enabled Software-Defined Networks

    Business Wire
  • Sadiq Khan urges tougher Ofcom action as UK prepares social media ban rules

    Tech
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • Sadiq Khan’s London plan is not nearly ambitious enough

    Opinion
    The Mayor of London, Sir Sadiq Khan, has this morning announced a £1.4m cash injection for community sport across the capital.
  • London workers most exposed to AI jobs cull

    Economics
    London skyline with modern skyscrapers and lush green foliage in foreground on a clear day, highlighting urban nature balance
  • Mayor gives green light for 4am Joshua vs Fury fight at Wembley

    Sport Business
    Business professionals in a meeting analyzing financial data on laptops, highlighting corporate strategy and decision-making.
  • The PlayStation Portal 2026 review: Japanese innovation, hampered by UK infrastructure 

    Life&Style
    PlayStation Portal handheld device showcasing sleek design and advanced gaming features against a modern backdrop.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook