European Commissioner for Internal Market, Thierry Breton is currently preparing a consultation on whether Big Tech should bear some telecoms network costs, reported Reuters.
EU telecom providers including Deutsche Telekom, Orange,Telefonica and Telecom Italia are looking for Big Tech to help pay for infrastructure.3
Related: EU Commission OKs Telecoms’ Advertising Venture To Compete Against Big Tech
Asked when the consultation would be launched, Breton told Reuters: “Wait for my speech at Barcelona. Yes, I will announce it soon. At Barcelona.”
The consultation is likely to take about 12 weeks before the European Commission will propose legislation that will need to be thrashed out by EU countries and EU lawmakers before it can become law.
Breton said he was confident the process could be wrapped up by the end of the year. “We will have time, yes,” he said.
