EU may miss gigabit target, more investments needed, telecoms group says

BRUSSELS: 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.