There is quite a bit of tension being stirred up by leading telecom firms against tech giants. They want them to pay some of the costs of the internet.
And for that, they’re urging regulators in the EU to take a stand. Moreover, tensions between European firms and US big tech giants are said to be at a peak as more telecom bosses want them to pay the share of the web that has given them so much in return.
But European telecommunication firms are arguing how large internet companies who are mostly American, are building businesses based upon billion-dollar investments. This arises as so many carriers continue to make it big in the world of tech.
Google and Meta to Netflix, Apple, and Amazon too - these firms are producing most of the internet traffic that can be seen today. And that is why telecom companies wish they would be forced to pay a fair share of the fees for the disproportionate infrastructure.
It needs a lot of assistance to assist with the release of funds pertaining to the next generation of 5G with fiber networks. Today, the European Commission happens to be the Executive arm and it opened a new discussion on the matter. It examined to see what sort of an imbalance was present if any and if the allegations are actually true.
Therefore, officials are seeking some major views on if they would need some sort of direct contribution from big internet names regarding telecom operators. So many people feel this would end up amounting to the likes of internet tax and it would undermine the total concept of net neutrality.
Telecom firms feel they’re spending so much and purchasing and installing cable with antennas so they can cope with the huge surge in internet demand. This is without any form of investment from leading tech giants in this world.
So without the help of telecom companies, we won’t have Netflix, Google, and more. Hence, it’s important to see how crucial a role these people are and how they serve as entry points in the advancing digital world.
But what are big tech giants in the US saying about all of this? Well, the thought of forcing network fees is definitely not something that people are looking forward to and it’s definitely a fair share of criticism. Hence, it will be interesting to see how it all ends up.
H/T: CNBC
Read next: Here Are the Biggest Trends and Statistics for Entrepreneurs and Startups in 2023
And for that, they’re urging regulators in the EU to take a stand. Moreover, tensions between European firms and US big tech giants are said to be at a peak as more telecom bosses want them to pay the share of the web that has given them so much in return.
But European telecommunication firms are arguing how large internet companies who are mostly American, are building businesses based upon billion-dollar investments. This arises as so many carriers continue to make it big in the world of tech.
Google and Meta to Netflix, Apple, and Amazon too - these firms are producing most of the internet traffic that can be seen today. And that is why telecom companies wish they would be forced to pay a fair share of the fees for the disproportionate infrastructure.
It needs a lot of assistance to assist with the release of funds pertaining to the next generation of 5G with fiber networks. Today, the European Commission happens to be the Executive arm and it opened a new discussion on the matter. It examined to see what sort of an imbalance was present if any and if the allegations are actually true.
Therefore, officials are seeking some major views on if they would need some sort of direct contribution from big internet names regarding telecom operators. So many people feel this would end up amounting to the likes of internet tax and it would undermine the total concept of net neutrality.
Telecom firms feel they’re spending so much and purchasing and installing cable with antennas so they can cope with the huge surge in internet demand. This is without any form of investment from leading tech giants in this world.
So without the help of telecom companies, we won’t have Netflix, Google, and more. Hence, it’s important to see how crucial a role these people are and how they serve as entry points in the advancing digital world.
But what are big tech giants in the US saying about all of this? Well, the thought of forcing network fees is definitely not something that people are looking forward to and it’s definitely a fair share of criticism. Hence, it will be interesting to see how it all ends up.
H/T: CNBC
Read next: Here Are the Biggest Trends and Statistics for Entrepreneurs and Startups in 2023
