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CFO Tech Outlook | Tuesday, October 11, 2022
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An appreciative initiative is likely to be proposed by the EU to enforce the big tech giants' contribution to elevating telecom network costs.
FREMONT, CA: The European Union is stepping up a big measure to launch a consultation on the necessity for big tech players or giants to contribute towards telecom network costs. It is a successful measure of protracting influence by the European telcos, a co-operator of big tech, and is anticipated to divide and address a part of the network costs. Similarly, when the EU industry chief addressed on account of the launching operation, he remarked that it is crucial to review if the adapted regulations are merely coinciding with the innovation leaders’ etiquette. For instance, utilising bandwidth supplied by telecom operators requires them to run with the technology frontier's obligations for an effective operation.
The review to be analysed and promulgated is likely a fractional outcome of the wide consultation. Whereas, a dense and deep examination of metaverse technologies is highly crucial to construct a plausible review that will be encompassed in the EU’s idea of launching a discussion. The deliberation is likely based on the necessity of big tech players or giants in contributing to telecom network costs. This measure is a succeeding concept of the European Telecommunications Network Operators Association, the European lobby for telco operators generally. That is, the conglomerate elucidated in a report that most global network traffic is highly attributable to technology innovation leaders who often act as frontiers.
Meanwhile, the internet operators propose a unique remark on these innovation frontiers. As per their reports, these technology leaders often play the role of free riders and thus often leverage their network sources. This exploitation leads to the offering of competing products like videos and voice services accordingly for a potential outcome. Moreover, the legal representatives of these potential big tech firms often enunciate that introducing financial contribution obligations is likely to harm net neutrality. Hence, a delicate consideration is required when seeking to enforce the planned consultation theory.
With the surging telco costs, the initiative aims at reducing its impact on the network operators via plausible cost investments by the big tech players. These tech giants often stand as innovation frontiers in the world's digitised era. Therefore, it is crucial that this fair contribution does not trigger discrimination among specific frontier leaders but encircles and reflects the role and impact of those who generate maximum traffic on network connections. Hence, the measure aims at favouring a uniform sharing of telco network costs with the innovation frontiers’ significant contributions.
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