stock_news_summaries_AI / news /AMZN /2023.02.01 /Exclusive-EU may miss gigabit target, more investments needed, telcoms group says.txt
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BRUSSELS (Reuters) - 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 ETNO.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, 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. (Reporting by Foo Yun Chee, Editing by Louise Heavens)By Foo Yun Chee