g. network onsite.hopes he'll soon be able to control the entire good's traffic across the 10 square kilometer area the network will also transmit data from up to 2000000 senses to the chemical plant to inform a tuna teams about problems in real time. the company ruled out using the. if a commercial mobile phone provider. and his nets out if we're on a public network and it breaks down we've got a big problem because the systems we want to put in place here would rely on 5 g. so they would all suddenly stop working for free in. germany is digital association bit come reports that half the country's industrial companies and almost 2 thirds of major corporations plan to use 5. expert nick carter says it's a great advantage for companies to build networks with their own specific frequency . and so far it's only been possible in germany. these are using local frequencies companies in germany have the opportunity to join 5 g. early and to start making use of the networks advantages from. b a s f employee cur

g. networks should reach 23 percent of users the latest super fast 5 g. technology is likely to reach only 3 percent and be restricted to a few large cities. large variations in internet access are not only apparent between rural areas and the cities but between different regions as well southern africa is best served with 50 percent internet coverage west africa is 39 percent east africans have 27 percent central africa has only 12 percent. mobile network construction in sub-saharan africa is frequently a sluggish affair high levels of poverty is a cause in some countries but bad decision making also compounds the problems the sectors international association the g.s. may says there's often a lack of network construction right where it's most urgently needed in cities for instance. he joins us now from london your group paints a fairly rosy picture of sub-saharan africa's growth potential when i look at that the numbers are way behind the rest of the world. yeah thanks for having me ben yes we have seen the last. green properly in the region yesterday i

g. is revolutionizing the network universe. because it needs less electrical and radio electrical power i can carry a lot more data. a firefighter said 5 g. would make emergency services more efficient. sensors will allow us to guide firefighters so they can reach a disaster location faster these sensors will tell us about a temperature rise or visibility dip so we can reach a location faster than she does eat it. while away as monaco telecoms biggest supplier vice president will ping said the monaco would help showcase while ways tech despite its small size but europe is struggling over while way washington believes while way is linked to the chinese military and has raised espionage concerns the u.s. has lobbied its closest allies to reject way. ordinary consumers though like 5 g. speeds and many european governments including germany have defied washington and will use walk away at least in part it's not just monaco's tycoons who want speedy networks. in dublin hundreds of irish the farmers have demonstrated against a trade d

if that occurs, that there is chinese technology in the five g networks, we will have to reassess howe are sharing information. we need to do so securely in the future. amanda: one of the challenges we have is it is hard to separate the war of words, trade war, tariffs that are economically illogical coming from this white house toward china, and not tie this in and say the u.s. is attacking this big telecom company for economic interests, less than security interests. how do you counter the perception? methat is why people like are traveling around the world, ambassadors around the world are explaining this is a true national security concern we have with respect to the future of our communications networks. amanda: how do you justify it, what is the evidence you provide to say it is not just your word against china? >> we are explaining how the national intelligence law in china would work. additional trust issues with the companies in china like huawei that have a long history of not following our export control laws, which has a long history of intellectual property theft. we have

g. networks but this new mobile network stand that is not yet widespread hopefully we won't have to waittoo long for 5 d. and in the meantime steadily improving for instance when it comes to tracking and locating position and pose orientation. we almost used to be that they are always had to have a kind of marker the 2nd generation like pokémon for example recognized the ground and could say our position something there. but this new generation can recognize 3 dimensional objects and move around or enhance them. college has developed an app that places objects in a regional context in this case an excavation site in aleppo syria uses can move around in the space and exude the objects bringing the historical site on line. manager reality is really exciting and better cameras are making it possible manufacturers investing into depth sensis more and more the senses can recognise distance which in turn allows a gradual reality apps to locate their position and pose in a given space smartphones have inadvertently become the dream devices of ai creative us because users don't need to buy any a

g. mobile networks offer a much greater danger transfer speeds. monaco telecom signed a deal with while way last september to make it the 1st european country fully covered by 5 g. . officials attending the launch hailed its technological prowess he would do more data you carry the more efficient your network needs to be even 5 g. is revolutionizing the network universe because it needs less electrical and radio electrical power i can carry a lot more data than. a firefighter said 5 g. would make emergency services more efficient. sensors will allow us to guide firefighters so they can reach a disaster location faster these sensors will tell us about a temperature rise or visibility dip so we can reach a location faster you should do is eat it. monaco telecoms biggest supplier vice president said the monaco would help showcase while ways tech despite its small size but europe is struggling over while way washington believe way is linked to the chinese military and has raised espionage concerns the u.s. has lobbied its closest allies to reject weiwe

g. networks around the world grid. right well that's a concern for europe and you know the background here is that europe is lagging behind in 5 g. it's it's not anywhere near. the 5 g. standards that the u.s. or is that right now. so semiconductors are obviously a huge part of the internet of things so there definitely is concern that any sort of cut back the amount of semiconductors out there could slow it down. just generally at the amount of the speed of 5 you'd option so it's many in france would think you. many companies today prevent pretend that they're socially conscious and ecological but if you look at the value changed things often look different the value chain expresses where the money is being made and by whom under what conditions who gets what share of the final price of a product in the textile industry for example very often workers and asia who actually make the garments end up with a pittance and work in horrible conditions the german government is now threatening companies who sell these products i

g. networks. and talk about temporary housing we visit workers now living in camperdown communities close to their jobs. this is v.w. business i'm on in berlin welcome u.s. growth failed to live up to donald trump's promises of a 3 percent gain last year the government says the world's biggest economy grew more slowly in 2018 than previously thought the commerce department downgraded its estimate from 3 percent to 2.5 percent the overall trajectory is upwards and consumer spending is buoyant but lou we're spending on building equipment and software led to a downgrade analysts believe the trade war with china created uncertainty. and it's probably doing so still joining me now in the studio is our business reporter clifford coonan and our man on the markets. welcome to you both now what's on the east let's start with the u.s. so trump has argued that his tax cuts and increased spending would be enough to propel growth to the 3 percent mark but that hasn't happened that surely must be a disappointme

g. network exactly would be great to have. chelsea thank you very much for boyd from frankfurt for us. donald trump has ordered an investigation into france's planned tax on technology companies is could open the door to new tariffs or other trade restrictions from washington french finance minister who led mass said in march that a 3 percent tax on the french revenue of some of the large internet companies could yield as much as half a 1000000000 euros a year the companies are mostly american but also chinese german spanish and british. in dublin hundreds of irish b. farmers have marched on parliament they say an e.u. trade deal with south america will go up their industry the pact is 20 years in the making but has provoked a backlash that imperils its ratification by the blocs 28 member states. virus farmers turned out on mess outside parliament to put the boot in they fear that the e.u. mercosur deal will destroy their industries. the big problem we have us farmers is the double speak with in the e.u. . they have restrictions on farmers environmental restrictions on farmers all arou

g. network which is meant to roll out soon i mean could they be disrupted by this trade. right and i think that's the main concern for europe here. you know europe has been really lagging behind and 5 g. adoption they've been a lot slower than places like asia and the u.s. to roll out 5 g. and they're really just now getting started and they need a lot of semiconductors they need all this technology that could now be you know threatened here and it's not just smartphones you know high powered smartphones that we're talking about it's also sort of connected factories we're talking about automated driving you know all sorts of things that are supposed to be a foundation for you know the european economy going forward chelsea lately for us in frankfurt thank you. the french parliament could approve a tax on take giants today it could open yet another front in the global trade war leading to u.s. taxes on french imports all trump is ordered visitation into the plan tax the french finance minister says a 3 percent tax on the french revenue of some 30 large internet companies c

g. network. the rise of artificial intelligence and machine learning has led to some humans to fear being made redundant and no job seems to be safe at a bar in prague they've taken human machine mixing to a whole new level that a robot well actually makes you a drink but will also give you good relationship by someone. they're known for their efficiency if you know their natural charm these robotic bartenders are the latest stock numbers to be recruited by a nightclub in the czech capital prague and their skill set includes cussing lines pouring sugar crushing ice and mixing it all up into a cocktail. patrons can order the drink of their choice from a touchscreen menu so far there are 16 on offer but the plan is to add dozens more to the menu. but kind of mechanically mixed cocktail compared to one shaken with human flair i love it i've never i've never seen anything are good and that. i didn't even know there was a thing. that's amazing.

we believe both five g network and memory meet that key threshold.t has to be a technology that allows us to play a bigger role in our customer success. memory meets that threshold as well. third, we need to be of to generate attractive returns for our investors. that is what we are working on. memory is an important part of our business, a big part of our customers materials, and we have a real differentiated technology. the challenge for us is to continue to improve our execution to generate attractive returns for our investors. that is what we've been focused on. swan, can ask you one final quick question about data centers. you talk about that business in brutal. revenue was down 10%. you talk about the fact that it will not turn around. when is it going to turn around? that is a big chunk of business. bob: a great question. to put it into context, the data center business last year improved by 21%. ,hat happens in this industry particularly with the cloud service providers, is they make big purchases and then they take time to digest the purchas

g. networks could potentially alert us to hidden hazards as well. as something like a pedestrian around a corner smart phone signal can be detected. this is. the signal that someone is about to cross the road could be transmitted via 5 g. . the vehicle could be automatically brought to a halt to avoid hitting the pedestrian. that's the syrian least will it work in reality the test answers the question. ready what's interesting is that the pedestrian isn't spotted by the driver the human. any sense of a systems like cameras or radar the pedestrian isn't visible out of sight around the corner. but infrastructure analytics and 5 g. communication can transmit that missing data to the vehicle. so online highways with 5 g. coverage promised to be safer and when accidents do happen the response of emergency services will also be optimized. in. future approaching ambulances will automatically warn vehicles ahead of them which will also be told how to form an emergency lane quickly and efficiently. you know it's a bit. in other words the altar pilot steps in

g. networks.

g. networks but why we need the custom is the u.s. has led the fray in trying to take away trust and while away with all the spying allegations well now there's this seeming thole how good news is this for beijing and for weiwei. well i think it's a temporary bit of good news i don't think it's the long term solution because what i think is happening now in my opinion is that the chinese government is in big trouble they are you know they have been persecuting innocent people for many years it's very well known they've been doing you know industrial scale live organ harvesting forced organ harvesting against people in china and a lot of that's going to come back to them and the people of china the ones that i know who are very good friends of mine you know what they're saying is they're very hopeful that china things change in china with regard to the government there and that i think is what president trump is trying to accomplish but when you look at the big picture of the technology it's even an overarching thing that's even bigger

ory will not use the huawei five g networks. maybe a system does not work in terms of software or hardware. these rivals are much more serious about tech and globalization. with a global supply chain, it depends on the integration of the global economy. once you've vulcanized, we will have a global session. rishaad: are we seeing signs already? some of that is spreading into the service line of the economy. trade is that, global also falling quite rapidly. how bad does it get before things improve? do they improve? trade in tech in the u.s. and china will get worse. with the u.s. and tehran escalate, there will be a spike. you have two major conflicts, geopolitical. this affects services, the tech sectors have slowed down. option waiting. if you have any business or what you do is you stop doing investments. we have already seen this collapse. once that is down, the production is down. you have the beginning of a global recession that started in tech. we are seeing it in the data. rishaad: when does it permeate into becoming som

g. mobile network buildout the country was expected to make a decision on monday but that has now been postponed until the impact of the us measures against huawei become more clear the us insists huawei is a security risk it has banned u.s. companies from buying from well way and is pressuring allied nations take a similar stance. norway's sovereign wealth fund made headlines when it decided to pull investments out of oil and gas and fossil fuels and make deals since we're talking about the largest sovereign wealth fund in the world but environmentalists are saying there's still a long way to go towards making that fund a green one. the aim of norway sovereign wealth fund is to ensure responsible management of the revenue from the country's oil and natural gas sales for the benefit of current and future generations so what does responsible management mean that funds investments have become a topic of heated debate the norwegian parliament has barred the fund from owning stakes in a range of arms tobacco and fossil fuel firms it has had to sell holdings in hundreds of companies in a major divest

g. network scott lucas is the editor of e a worldview and a professor of political science and international studies at the university of birmingham he says boris johnson will have a difficult time trying to renegotiate breck's it with the e.u. . this parade of boris johnson is probably over even before it starts because there is a stark choice here and that is either johnson goes back and accepts 2 the deal on the irish backstop excepts that deal on what is close to a customs union with europe or he shakes his thirst and says that's it we're leaving in a no deal that would be economically catastrophic for the u.k. what compels us difficulty because we're going to go into a summer recess and then the party conferences the u.k. won't even be in a position to negotiate with the european union probably until mid september which is about 6 weeks before the deadline to to grow and then he's got to be seen surely to have been doing the best job he can do come the british political party season because that he will want to go from there you see a seaside town venue rallying the troops getting the l

company the probably needs to invest $20 billion to upgrade and become a real competitor in the five g network a long uphill battle. we get numbers after the bell today. we will presumably get some form at update on what's going on with this company. what will we be looking for in terms of details? taylor: they want to talk about the wireless business but outside that, it's all about the pay-tv business. it has been falling and analysts in a looking at second quarter subscriber losses to be about 240,000. it's slowing a little bit from the first quarter but those are still pretty bad losses. you have not seen these type of numbers in many quarters. the problem is that the sling businesses slowing and there is nothing to offset these losses. vonnie: thank you and we will keep a close eye. that is our stock of the hour and coming up as our global battle of the charts. this is bloomberg. ♪ vonnie: it's time for our global baffle of the charts -- global battle of the charts. for my chart, i decided to take a look at retail, specifically a canadian retailer bucking the trend. it is an upscale retai

g. mobile network buildout the country it was expected to make a decision on monday but that has now been postponed until the impact of the u.s. measures against huawei become more clear the u.s. insists while weighs a security risk it has banned u.s. companies from buying from wall way and is pressuring allied nations to take a similar stance. norway's sovereign wealth fund made headlines when it decided to pull investments out of oil and gas and fossil fuels and make deals since we're talking about the largest sovereign wealth fund in the world but environmentalists are saying there's still a long way to go towards making that fund a green one. the aim of norway sovereign wealth fund is to ensure responsible management of the revenue from the country's oil and natural gas sales for the benefit of current and future generations so what does responsible management mean that funds investments have become a topic of heated debate the norwegian parliament has barred the fund from owning stakes in a range of arms tobacco and fossil fuel firms it has had to sell holdings in hundreds of compani

these issues had any impact on your business, especially when it comes to the deployment of five g networks and the reason is because we are in the infancy of 5g. people keep referring to it as a race, and we take exception with that. it's really not a race. notes it is a sprint, there will be one winner, and it's going to happen quickly. in fact, we are in the infancy of 5g technology and evolution, and it's going to be much more like a marathon. -- we have to 5g remember this -- is around inclusion and connectedness. that is what 5g will bring to the world. it will require a slower rollout and some very precise, dedicated investment and good strategy. inclusiveness and conductivity sounds great, but criticism around trying to monetize 5g. challenges? >> they said the same thing about the internet in the beginning of the information age. the concerns were about how we were going to monetize and is it going to drive jobs away? and we're not going to be able to replace those. i think what you will find is there will be very good monetization strategies moving forward as new technologies are

which said back in 2018 a chinese state-owned company helped huawei buildout north korea's three g network at the time. meeting with the prime minister of pakistan earlier today president trump was asked about that report. in general he touted the 5g capabilities being developed back here in the u.s. and silicon valley and the current of a fairs between the u.s. and north korea. >> we'll have to find out. our relationship with north korea has been very good. we've really established a good relationship with kim jong-un. i have personally. we have a very, very good relationship the two of us. that is very important. there has been no nuclear testing. what they're doing with 5g will be, you know, we'll have to see. i'll find out. reporter: not sure or not if the president was caught off-guard by the president and report. you heard him say at the end i will have to find out. by the way, connell and melissa. president's top economic advisor, larry kudlow, treasury secretary steve mnuchin will meet with tech executives here at the white house this afternoon and a big port, part, rather of the c

g. network let's talk now to scott lucas he's editor of a world view he's also a professor of political science and international studies at the university of birmingham scott great to talk to you again so to reserve me gone going boris johnson in angola merkel going all the top jobs at the european commission changing different faces but the fundamentals of the problems of brics it surely still the same as they've been for 3 years. oh absolutely and what you just heard from your correspondent in brussels as that despite the changes in personnel there they're sticking together they are not going to change their line on the agreement that was on the table that was repeatedly rejected by the u.k. parliament. this parade of boris johnson is probably over even before it starts because there is a stark choice here and that is either johnson goes back and accepts the deal on the irish backstop accepts 2 that deal on what is close to a customs union with europe or he shakes his 1st and says that's it we're leaving in a no deal that would be economically catastrophic for the u.k. what compels u

the fears that their five g network wouldn't be up to speed.hey have maintained their outlook and operating margin. everything looks good for 2020 as well. how much market share are they able to get from huawei? coming up, we will be speaking to the nokia president and ceo. don't miss that interview at 8:30 a.m. london time. nejra: let's get to a be in beth. revenueuarter organic rises 6.2%. the estimate was 5.1%. that's a beat. the second-quarter adjusted rises 9.4%. that's a beat. underlying eps. that's one dollar 16. we are beating on a few of these numbers here. , theecond-quarter adjusted key 1, 5 .8 6 billion dollars. in terms of some of the commentary, still seeing strong growth in the four-year revenue. if we look at first-half net debt, that's $104.2 billion. this is one of the key things. it does have that big debt pile. the context here being that it agreed to set an australian unit. this after it pulled a-shares stale -- a share sale. that will be something to watch for, whether that ipo might be back on the cards. still got more nu