Could major US tech firms soon be paying their dues to telcos to fund network infrastructure upgrades in Europe? Perhaps, if the EU gets its way, but is this a vital new source of revenue for connectivity providers, or a profit-leeching protection racket?
Shock, horror! The EU is reportedly set to break the big telco taboo and ask whether America’s leading tech firms – the likes of Meta, Netflix and YouTube – should contribute to the upkeep costs of European telecoms networks.
Earlier this month, Bloomberg revealed a document from an anonymous source within the European Commission, dated from April, outlining plans by Thierry Breton, Commissioner for Internal Market of the EU, to quiz telcos as to how higher demand is impacting them.
Cerillion plc (LON:CER) is a leading provider of billing, charging and customer management systems with more than 20 years’ experience delivering its solutions across a broad range of industries including the telecommunications, finance, utilities and transportation sectors.
