In global 5G race, European Union is told to step up pace

As the United States grapples with the 5G rollout affecting airlines, a European Union watchdog warned on Monday the EU faces much bigger economic and security threats unless member countries step up cooperation.

The alarm bells are included in a special report on the 27-nation bloc’s preparations for 5G, the fifth and next generation of wireless communications. 5G is projected to propel the world into a new digital age—one with greater technological innovations but also vulnerabilities.

The study by the European Court of…