With about eight months to go, we still have no more of a clue what is going to happen when Brexit is a fact in March 2019, than we did on the morning after the British held the referendum about Brexit two years ago. All we know is that things will change, and it makes me wonder if I want to build an on-net presence in London.
Prime Minister Theresa May is trying to reach a (trade) deal with the European Commission, but so far it has only produced a compromised plan that has led to resignations of members of her cabinet and her party. It could very well end in a general election. But even without the infighting in Mrs. May government, there is nothing that suggests that the EU will accept this plan. Their stance is and has always been: ‘No other deal can be better than the one you have now, whilst you are in the EU.’ In other words: it is chaotic.
Meanwhile the UK and London are big players in the Internet-world, since the London Internet Exchange (LINX) is a large junction between the EU and the US. And a lot of cables run through and next to the UK, along Ireland to North America. So what effect will Brexit have on us, IT and Internet Service Provider professionals, and our customers who connect their networks to LINX and send data through it or companies who just have servers in London?
Will costs and tariffs on sending data packets to London and beyond rise? Are there new regulations and stipulations planned for after March 2019? What about data and privacy protection, does that change, or are we going to have a replay of May 25, 2018, when our inboxes were flooded with privacy statements? This of course goes both ways: What will happen to UK-based companies who exchange data with EU-countries?
I have not heard many colleagues talk about the impact that Brexit can and will have on the IT and ISP sectors. And yet it is only eight months away. As far as I can see, it will be problematic and chaotic. So my plan to build an on-net presence in London? I think I will wait a couple of months with that.