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The European Commission is set to allow member states to delay the switch-off of copper telecommunications networks to 2035, Bloomberg reports, citing people familiar with the matter.

Newsquawk Staff ·

The European Commission is set to allow member states to delay the switch-off of copper telecommunications networks to 2035, Bloomberg reports, citing people familiar with the matter.

What it means

The European Commission's decision to allow EU member states to delay the phase-out of copper telecommunications networks until 2035 suggests a more prolonged dependence on existing infrastructure, impacting the transition to newer technologies. This may provide short-term support for copper demand but could also delay investments in alternative materials and technologies, influencing broader market dynamics in metals and mining.

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