https://apnews.com/04485e9d13214220828687fc98c1408f

LONDON (AP) — The British Labour Party's latest plan for public ownership of big industries sent shivers through the telecoms sector Friday with an electoral promise to nationalize part of the former phone monopoly BT to provide free fiber optic broadband.

Party leader Jeremy Corbyn, who outlined the plan during a speech ahead of next month's election, described broadband as being “at the heart of Labour's plans to transform the future of our economy and society.”