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Orange represents Europe’s most explicit attempt at telecom sovereignty. But as power shifts beyond networks to cloud and platforms, the question is whether a state-aligned operator can truly control the system—or remain confined to a single layer.
Deutsche Telekom underpins Europe’s connectivity, but control is shifting upward. As cloud and platforms capture value, the question is whether scale in networks still translates into power—or whether the backbone risks becoming a utility in someone else’s system.
MWC 2026 reveals a deeper shift in the technology industry. While futuristic gadgets dominate the exhibition floor, the real transformation lies beneath—in the massive infrastructure investments powering the AI economy, from hyperscale data centers to satellite networks and global connectivity systems.
