US regulators propose to track who really controls every phone line and internet cable

The US communications regulator wants to know more about who owns and controls communications networks. This means companies with any kind of license will have to disclose all foreign ownership and control, not just some.

This proposal closes a loophole. Before, foreign governments could hide their influence in parts of the US communications system. Now, the regulator wants a full picture of who is really in charge. This could make it harder for foreign adversaries to compromise US networks.