Europe and other government purchases are not driving Cisco and other equipment advances in speed. That's mostly capital investment. Euro governments (and US munincipalities) are leveraging this by way of uaving taxes to pay for it.
few years down the road, it won't see so fast when quad streams, each of 4k video, to every house are the desire.
Then there's turnaround latency, need to have twitch games 3d generated at the server in a reasonably tiny time frame.
No, these city services, akin to water and sewer and electricity, will be reliable, but no longer on a timely upgrade path.