BT Is Worried Apple and Amazon Will Take Its Customers
Britain's dominant telco BT Broup is warning of a near future where telecom operators like itself lose customer relationships to the likes of Amazon and Google
• BT director of regulatory affairs, Cathryn Ross, sounded the alarm at a recent event at the Institute of Directors in London, Bloomberg News reported
• Silicon Valley giants, she said, may soon sell connectivity directly to consumers as part of a "wider bundle"
• This is while telcos are under pressure from regulators to invest in expensive fiber infrastructure