Tech Giants May Share The Cost Of Europe’s Telecoms Network, Vestager

Share post:

Europe’s digital chief Margarethe Vestager has hinted at the possibility that top tech companies could contribute to the cost of Europe’s telecommunications network.

Vestager’s statement follows a study published on Monday by telecommunications lobby group ETNO, which found that Meta, Alphabet, Apple, Amazon, Microsoft and Netflix accounted for more than 56% of all global data traffic in 2021.

To ease the burden on European telecommunications companies, the group called for a $21 billion annual contribution from the tech giants, which would boost the EU economy by $73 billion.

“I think there is an issue that we need to consider with a lot of focus, and that is the issue of fair contribution to telecommunication networks. Because we see that there are players who generate a lot of traffic, that then enables their business but who have not been contributing actually to enable that traffic. They have not been contributing to enabling investments in the rollout of connectivity. And we are in the process of getting a thorough understanding of how could that be enabled,” Vestager said.

Vestager also stated that a critical analysis of the evolution of data traffic over time and the COVID-19 pandemic is under way.

The sources for this piece include an article in Reuters.

SUBSCRIBE NOW

Related articles

Cyberattack disrupts auto dealerships across North America

A cyberattack targeting CDK Global has significantly disrupted IT operations at numerous auto dealerships across Canada and the...

Biden administration to ban US sales of Kaspersky software over ties to Russia

The Biden administration is set to announce a ban on the sale of Kaspersky Lab's antivirus software in...

Target’s new AI is aimed at employees

Target is introducing a new generative artificial intelligence tool aimed at enhancing the efficiency of its store employees...

Two astronauts stuck at space station as Boeing races to understand spacecraft issues

In a mission intended to showcase Boeing’s Starliner spacecraft capabilities, NASA astronauts Suni Williams and Butch Wilmore find...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways