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](https://d3vnc3w6v6jm99.cloudfront.net/eu-telcos-advocate-for-alternative-solutions--urging-caution-with-big-tech-subsidies.webp)
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.