Deutsche Telekom, Orange, Telefonica, and 13 other European telecommunications companies on Monday, renewed their call for Big Tech to share network expenses, citing the energy crisis and EU climate change targets. The appeal comes as the European Commission prepares to solicit comments from both parties before releasing a legislative proposal that would require tech corporations to contribute to the cost of rolling out 5G and fiber lines across the 27-country European Union.
The sector, which invests over 50 billion euros ($48.5 billion) in infrastructure each year, requires more cash quickly, according to the CEOs of the firms. Vodafone, Bouygues Telecom, KPN, BT Group, TIM Group, Telia Company, Fastweb, and Altice Portugal are also signatories to the declaration. Europe’s telecommunications companies believe that because Alphabet’s Google, Meta, and Netflix contribute to more than half of internet traffic, they should shoulder part of the expense of updating infrastructure.
Such requests have been rejected by Big Tech, which has stated that it is already investing in equipment and technology to provide information more effectively.