The impact of Brexit on the telecoms industry could be substantial and adverse. BT, Prospect and the Communications Workers Union were so concerned that they sent a joint letter to every BT employee during the referendum to express their deep concern about the potential impact on the company and its employees.

The free flow of data and people are crucial to the success of the telecoms industry and the current uncertainties around Brexit are throwing up many questions and concerns about the future.

The UK is currently seen very much as a leader in the field of sensible and practical telecoms regulation, and has historically been a strong influencer on EU telecoms rules. Following Brexit this position will be lost but, depending on the terms of exit, the UK may still have to follow EU rules.