Proposals to pay for broadband networks by imposing new charges on Massive Tech corporations “are constructed on a false premise,” Meta executives wrote in a weblog submit in the present day.
“Community payment proposals don’t acknowledge that our investments in content material drive the enterprise mannequin of telecom operators,” Meta executives Kevin Salvadori and Bruno Cendon Martin wrote. Meta’s feedback got here a couple of weeks after Netflix co-CEO Greg Peters spoke out towards the proposal being reviewed by European regulators.
Meta executives mentioned telecom operators and content material software suppliers (CAPs) “are symbiotic companies, occupying totally different however complementary roles within the digital ecosystem. Yearly, Meta invests tens of billions of euros in our apps and platforms—corresponding to Fb, Instagram, and Quest—to facilitate the internet hosting of content material. Billions of individuals go browsing day-after-day to entry this content material, creating the demand that permits telecom operators to cost folks for Web entry. Our funding in content material actually drives the income and enterprise mannequin of telecom operators.”
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