Mobile infrastructure company (MIG) to be shut down
Berlin: The mobile infrastructure company (MIG) will be shut down. The decision was made by the shareholders’ meeting on Thursday. The company was founded in 2001 by Deutsche Telekom, Vodafone and Telefónica to build and operate mobile communications networks in Germany.
The MIG has been criticized for years for its high costs and low efficiency. The company has repeatedly failed to meet its targets and has been heavily subsidized by its shareholders. In 2022, the MIG had losses of 1.3 billion euros.
The shareholders have now decided to dissolve the company. The mobile networks will be taken over by the individual network operators. The employees of the MIG will be offered jobs with the new operators.
The shutdown of the MIG is a major setback for the German telecommunications industry. The company was supposed to play a key role in the expansion of 5G networks. However, the MIG has not been able to keep pace with the competition and has been unable to meet the demands of the market.
The shutdown of the MIG is also a setback for the German government. The government had hoped to use the MIG to promote the expansion of mobile communications in rural areas. However, the MIG has not been able to meet this goal.
The shutdown of the MIG is a sign of the changing telecommunications market. The market is becoming increasingly competitive and the traditional network operators are facing increasing pressure from new entrants. The MIG was unable to adapt to this changing market and has now been forced to shut down.
Mobilfunkinfrastrukturgesellschaft (MIG) wird stillgelegt
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Kurzmeldungen (hib) a new article on 2025-01-16 16:32 titled “Mobilfunkinfrastrukturgesellschaft (MIG) wird stillgelegt”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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