'What Europe needs is a DOGE,' Deutsche Telekom CEO says in impassioned plea for deregulation [MSNBC.com]
DEUTSCHE TELEKOM AG S/ADR (DTEGY)
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Source: MSNBC.com
Deutsche Telekom CEO Tim Hottges speaks during World , the world's biggest mobile fair, in Barcelona on March 3, 2025.Lluis Gene | Afp | Getty ImagesBARCELONA — Europe needs its own version ofElon MuskEurope is falling behind peers such as the U.S. and China when it comes to key technological innovations such as artificial intelligence and next-generation 5G networks, Höttges said during a panel event at the World event in Barcelona."What Europe needs is a DOGE," Höttges told the audience, speaking alongside Vodafone's Margherita Della Valle, Orange's Christel Heydemann and Telefonica's Marc Murtra."We need an initiative to cut down this bureaucracy and this administration here, because there are tens of thousands of people sitting there and administrating our industries," he added.The Trump administration only announced plans to launch DOGE last year. The initiative, which is led by billionaire Tesla boss Elon Musk, was tasked with slashing federal government administration costs.
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