TPG has publicly come out against tech giants, demanding that they be made to pay for the rollout of 5G networks.
👉 Background: TPG is the third largest telco company in Australia, with over 5.8 million subscribers. It’s the parent company of other telecom brands like Vodafone, iiNet, and Lebara.
👉 What happened: TPG has publicly come out against tech giants, demanding that they be made to pay for the rollout of 5G networks and other telco infrastructure.
👉 What else: Tech companies like Google and Netflix make massive profits off the back of Australia’s telco networks, but don't invest in the billions of dollars of infrastructure at all.
💡When an industry is benefiting at the cost of another, sometimes regulators need to step in to create a fair outcome.
💡TPG’s not the first to take this stance. In fact, regulatory bodies in the EU, South Korea and India have started working towards a solution too.
💡 But while making tech companies pay for internet access sounds like a good idea in theory, there’s also a risk that these costs could be passed down to consumers. So, protecting consumers will be one of the biggest challenges for regulatory bodies as they design their solution.
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