This document summarizes a study on the socioeconomic impacts of 5G in Europe. It discusses how 5G could maximize benefits by 2025 through improved verticals like automotive, healthcare, transport and utilities. It estimates 5G deployment costs at €56 billion and analyzes spectrum requirements, finding that spectrum sharing could help meet needs but quantities above 6 GHz like 24 GHz may be needed. It also covers policy, regulatory, and economic considerations around 5G spectrum identification, timing of releases, and business models.