Madrid — The wireless industry scrapped its biggest annual showcase on Wednesday after the coronavirus outbreak sparked an exodus of participants, roiling telecom companies just as they are  preparing to roll out new 5G services.

It is the first time in MWC Barcelona’s 33-year history that organisers have called off the event, which draws more than 100,000 participants from across the world to check out the latest innovations, pitch to investors and do deals...

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