Equinix? US. Digital Realty? US. NTT? Japan. Interxion? US. CyrusOne? US. That’s your top five DC/colo operators in Europe.
Same story with Tier-1 and Tier-1.5 ISPs.
It’s not just software. It’s not even just hardware. It’s the whole stack — down to power grids, land property rights, and regulatory frameworks.
Nationalization? Multidecade supply chain reconfiguration? Trillions in investment to rebuild local capacity — likely still with deep reliance on China for core infra components.
Europe isn’t just "a bit dependent" — it’s completely entangled.