Exclusive: EU wants details of Big Tech, telcos investment plans - source

  • 📰 Reuters
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The European Commission wants to ask Big Tech and European Union telecoms providers about their investment outlays and cloud infrastructure plans before tabling legislation that could make the former pay for network costs, a person familiar with the matter said on Tuesday.

and other tech giants say the idea amounts to an internet traffic tax that could undermine Europe's net neutrality rules treating all users equally.

The Commission plans to launch a public consultation with a lengthy questionnaire next week, although the timing may still change, the person said. It will likely last about 12 weeks before the Commission drafts legislation that EU countries and EU lawmakers will need to thrash out before it can become law.

The Commission will ask Big Tech and telecoms what they are investing in, how this will evolve and whether there is an investment gap, the person said. They will be asked on their views on a shift into cloud infrastructure and the investments needed for this as regulators want the debate to go beyond spending on cables and tower.The Commission will ask consultation participants about the regulatory responses in other parts of the world on network fees, such as in South Korea and Australia, and the lessons learned from these.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

crazy that telcos are put in the same category as big tech 💀

“Democratic Socialism” at its finest, ladies and gentlemen.

this is not big tech, its a sandbox for demons and her damn childs

Canada Canada Latest News, Canada Canada Headlines