A PYMNTS Company

EU Countries Want Big Tech To Pay For Infrastructure

By  |  May 12, 2022

European Union member countries want tech companies like Google and Netflix to chip in cash for telecoms infrastructure in order to ramp up 5G across the bloc.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Council — which represents the 27 EU governments — on May 11 adopted its position on a major policy program to make Europe a technology leader by 2030.

    Hinting at a future tax for online platforms’ use of telecoms infrastructure, EU capitals wrote that “all market actors benefiting from the digital transformation” should assume their social responsibilities and “make a fair and proportionate contribution to the costs of public goods, services and infrastructures,” according to a text seen by POLITICO.

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.