The Mobile World Congress (MWC), the annual telecoms industry gathering that dra...
Barcelona’s mayor Ada Colau said earlier she wanted to send a “message of calm”, insisting the city was ready to host the event, while Spanish health officials reiterated that there was no reason to call off MWC.
That failed, however, to alleviate concerns among major exhibitors that the precautions would be insufficient to halt the virus that has spread beyond China’s borders to two dozen countries. The Chinese contingent at MWC has numbered 5,000-6,000 in recent years, making the event particularly vulnerable given the outbreak of the virus that has killed more than 1,100 people on the Chinese mainland.
“Where there is no ban and businesses make their own commercial decision, I cannot see the market paying out,” Edel Ryan, who is on the Special Risks team at broker Marsh JLT Specialty, said before the GSMA’s decision.
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