EU suggests making tech giants pay into 5G and fibre fund
The European Union is reportedly looking at creating a fund to help with the cost of fibre and 5G build-out, with big technology companies providing the cash.
The European Union is reportedly looking at creating a fund to help with the cost of fibre and 5G build-out, with big technology companies providing the cash.
European ISPs have been requesting regulators impose what has been coined as a ‘fair contribution’ payment on bandwidth-hungry Big Tech firms such as Google, Netflix, and Amazon.
The European Union is getting close to having another look at whether Big Tech should subsidise the telecoms sector, which may include cloud investments.
Euro-IX, the association of European Internet Exchange Points (IXPs), reckons forcing big tech to pay for the content it sends over the internet is a rubbish idea.
As the debate around ‘fair contribution’ – which asserts big tech firms like Netflix and Google should chip in for the costs of telecoms infrastructure – rolls on, we spoke to Maria Lema, co-founder of Weaver Labs, who told us why she thinks its a bad idea.
The main pan-European communications regulatory group has found no evidence that calls to make big tech companies pay towards the cost of telecoms networks are justified.
Telco trade body the GSMA says in order to stay competitive European economies must ‘digitalise’ themselves through faster 5G rollouts, and manages to crowbar in the ‘fair contribution’ argument.
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