Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Switching definition

What does Switching mean? Switching describes, in practice, the reallocation of a policyholder’s existing value between investment funds under a unit‑linked life policy or pension. It is a descriptive industry term used in insurance and pensions documentation rather than one defined in legislation or case law. A fund switch is effected by redeeming units in one or more funds and applying the proceeds to purchase units in one or more different funds (one‑to‑many or many‑to‑one). Transactions are usually processed on a forward‑pricing basis at the next valuation point. Purchases on a switch are typically made at the bid price (or a single price where the...

UK fixed-line telecoms: networks, interconnection, local loop unbundling, broadband, wholesale access, NGNs, cloud and SDN—an at-a-glance guide for commercial lawyers

Published by a LexisNexis TMT expert

Practice notes

This Practice Note provides a concise, at-a-glance overview of the fixed line telecoms industry for commercial lawyers.

Fixed lines

Section 32(1) of the Communications Act 2003 defines an ‘electronic communications network’ as:

a transmission system conveying signals of any description by electrical, magnetic or electro-magnetic energy; and
associated items used by the provider, in association with that system, for the conveyance of the signals, comprising:
- apparatus forming part of the system;
- apparatus for switching or routing the signals;
- software and stored data; and
- other resources (except for the purposes of sections 125 to 127), including network elements that are not active.

For fixed lines, this encompasses electrical energy in standard conducting cables or wires; electro-magnetic energy within coaxial cables, which can be treated as a kind of waveguide; or light photons for the laser light employed in fibre optics cables.

The most common form of telecoms cable is a bundle of unshielded twisted pairs (UTP). A UTP is a pair of copper wires, twisted to reduce...

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Andrew Sharpe

Orange Business Services

Andrew Sharpe is Legal Counsel for Europe at Orange Business Services. Previously he was Head of LexisPSL Commercial. He has particular experience in the technology, media and telecommunications sectors. He regularly lectures on data protection, freedom of information and various IT and telecommunications regulatory issues. He qualified at Taylor Wessing in 1999, and spent time at Clifford Chance and Blake Lapthorn before joining Charles Russell. He was a partner at Charles Russell from 2007.He co-authored a chapter in the Freedom of Information Handbook (second edition, 2008) as well as two chapters in the Commercial Law Handbook (2009) published by the Law Society. He contributed a chapter to the third edition of Telecommunications Law and Regulation in 2009. He is a regular contributor of articles to Privacy and Data Protection Journal, Freedom of Information Journal and Computer Law & Security Report....

Web page updated on 22/05/2026

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