Genachowski reminded the audience at the FT-Telefonica Millennials Summit in London that the U.S. also had the early lead in 3G until it lost to European countries. He pointed out that while the U.S. is in strong shape, the European countries need to just get on the same page with each other in order to get widespread LTE coverage on the continent.
"We are right in the middle of a global bandwidth race – every country is trying to find its strategic bandwidth advantage. The US is in strong shape but in order to continue its current trajectory, it needs to recognise there is a lot of work to do and that competitive global dynamics will only speed up."-Julius Genachowski, former FCC chairman