Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

EU wants streaming platforms to ease internet gridlock amid virus crisis

Published 03/18/2020, 04:46 PM
Updated 03/18/2020, 04:51 PM
EU wants streaming platforms to ease internet gridlock amid virus crisis

By Foo Yun Chee

BRUSSELS (Reuters) - EU Industry Chief Thierry Breton has called on video streaming platforms such as Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOGL) unit YouTube to take measures to prevent internet gridlock caused by people teleworking and streaming at home due to the coronavirus outbreak.

The European Commission said abnormal traffic distribution risks straining the internet infrastructure at a time when it was needed for healthcare services, online teaching and other uses.

"Streaming platforms, telecom operators and users, we all have a joint responsibility to take steps to ensure the smooth functioning of the internet during the battle against the virus propagation," Breton said in a statement on Wednesday.

He urged streaming platforms to cooperate with telecom providers and temporarily downgrade the quality of video streaming by offering standard definition rather than high definition.

Breton said telecoms operators should also take measures to lessen network congestion and users should use settings and WiFi to reduce data consumption.

Earlier on Wednesday, he spoke with Netflix CEO Reed Hastings on measures to alleviate congested internet capacity, with a switch to standard definition during peak time as a best option.

Breton's comments came as world No. 2 mobile operator Vodafone (LON:VOD) pointed to higher data traffic on its networks due to the coronavirus crisis, with demand already rising 50% in some markets.

Some European telecoms providers have also reported connectivity problems and a surge in data traffic in recent days. This in part has been driven by companies giving free data, downloads and films to clients to show their support during the coronavirus crisis.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The Commission and the Body of European Regulators for Electronic Communications (BEREC) will set up a special reporting mechanism to monitor the internet traffic situation in each EU country.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.