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Friday, 16 June, 2023

EU Telcos Advocate for Alternative Solutions, Urging Caution with Big Tech Subsidies

EU Telcos Advocate for Alternative Solutions, Urging Caution with Big Tech Subsidies

European Union (EU) telcos have voiced their stance on subsidies from big tech companies, asserting that such support should be considered as a last resort. These telcos advocate for exploring alternative solutions before turning to subsidies provided by meta-platforms. While acknowledging the potential benefits of such financial aid, they emphasize the importance of fostering healthy competition and fair market practices. The telcos' perspective highlights the need for careful evaluation.

Read full story at Reuters

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