Tech giants are building their own undersea fibre-optic networks (economist.com)

"The whole concept of the telecom carrier as the provider of the network is going to disappear". I personally doubt this will become true, at least in Spain, whereas Telefonica has such a large market and influence, politically and economically talking.

However, it's true this could lead to colosal changes on this market forward-looking. Where are the governments in all this?

I can only think in paperclip terms right now, are they paying this with yomi, creat, ops, clips, or still plain $$$?

So net neutrality applies to their networks too right?

I wonder if the NSA has already tapped in.

Presumably Microsoft/Facebook are slightly less enthusiastic about willingly giving them access than the old school telcos.