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EU may miss gigabit target, more investments needed

The European Union risks missing its target to connect all European households to a gigabit network by 2030, underscoring the need for more investments, according to a study commissioned by telecoms lobbying group.

The study by Analysys Mason comes as the bloc considers the possibility of getting Alphabet Inc’s Google, Meta, Amazon.com Inc, Netflix, Apple and Microsoft to bear some of the network costs.

Deutsche Telekom, Orange, Telefonica TEF.MC, Telecom Italia and their peers say this should be seen as a fair share contribution from the six content providers which account for more than half of data internet traffic. Nasdaq

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