Financial Times

There was once a time when the words “fixed line” turned investors cold — as the extraordinary growth of wireless telecoms and mobile data made cabling seem antiquated. Yet, in the age of full-fibre broadband, those tables have turned.  Investors are backing a new generation of smaller, alternative cabled networks — dubbed “alt-nets” — forcing larger incumbents to increase their investment in broadband.

EU lawmakers have reached a breakthrough on how to target tech companies, including Apple and Google, as part of moves by Brussels to curb anti-competitive practices in the digital economy. The European Parliament’s main political parties agreed to a deal that would apply to companies with a market capitalisation of at least €80 billion and offering at least one internet service, such as online search. It means the rules would draw more companies than thought into the EU’s planned Digital Markets Act (DMA), a wide-ranging effort to rein in Big Tech.