The heads of Vodafone, Deutsche Telekom and 11 other European carriers called on U.S. tech giants to help pick up the tab for 5G, fiber and cable network buildouts. The network traffic U.S. services generate requires massive infrastructure investment — infrastructure they must pay for if they expect to use, the CEOs said in a joint statement seen by Reuters.
“A large and increasing part of network traffic is generated and monetized by big tech platforms, but it requires continuous, intensive network investment and planning by the telecommunications sector,” read the statement.
