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Home > Tech News > How to solve the problem of canceling exhibition fees by MWC GSMA response is under active discussion.
How to solve the problem of canceling exhibition fees by MWC GSMA response is under active discussion.

How to solve the problem of canceling exhibition fees by MWC GSMA response is under active discussion.

By  Evie Loh 2020-02-19 610 19

[gearbest News] previously, in the face of the current grim situation and exhibitors withdrawing from the exhibition one after another, GSMA solemnly decided to cancel MWC 2020 after careful discussion. Although it is forced to do so, it will undoubtedly cause a lot of loss to MWC 2020 and exhibitors. So how will GSMA solve the problem of exhibition fees after the cancellation of MWC?

 
GSMA.

It was learned that after MWC 2020 announced its cancellation, GSMA has sent e-mails to some exhibitors one after another and replied to the handling of issues related to exhibition fees. It is understood that GSMA said in an email that the current situation is unprecedented and may not be insured. Therefore, GSMA is currently assessing the overall impact and actively discussing solutions, which will be decided by March 31st at the earliest. In this regard, I believe that most of the exhibitors will understand.

 
MWC 2020.

According to statistics, the fees for MWC exhibitors vary, ranging from more than a hundred thousand to hundreds of millions. According to the revenue absorbed by MWC last year, it is about 470 million euros, or about 3.3 billion yuan. If put into this year, this will be a great loss. In any case, the rapid changes in the world are unpredictable. At present, we can only hope that GMSA can give exhibitors a satisfactory and reasonable solution as soon as possible.


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