Lisbon has heavily invested in its Internet services and digital industry with investments in data centres, connectivity and internet exchanges in hopes of becoming a European leader. The city is a hotbed of economic activity and is home to high-value companies within the sector, among which is DE-CIX Lisbon, the country’s largest Internet Exchange (IX) operator. DE-CIX, which already has carved a sizable niche in the global IX services services, has fashioned Lisbon into a critical node for global digital traffic, which in the grander schemes raises Portugal’s standing amidst larger markets for internet connectivity. Lisbon’s Internet services industry greatly benefits from its growing network of submarine and terrestrial cable and falling prices for IP transit connectivity. Since 2016, Portugal’s IP transit costs have dropped by 65%, which has sharpened Portugal’s competitive edge in Europe’s telecommunications sector. This cost reduction, alongside Lisbon’s favourable geographic location, has attracted international network operators and local companies looking to enhance their digital infrastructure. Portugal’s focus on domestic infrastructure has raised its connectivity profile. By 2023, the country ranked third in Europe for Fiber to the Home/Building (FTTH/B) connectivity, with a penetration rate of 71.1%. Lisbon now hosts 20 of the country’s 33 data centres, making it a focal point for data storage and processing. One standout is the Covilhã data centre, which currently breaks the top ten list of the largest in the world. We also have to mention the Sines data centre project, which aims for the title of Europe’s largest renewable energy-powered data facility. These projects are essential as they cater to the increasing demand for reliable data storage and transmission within Portugal, as well as abroad. Between 2016 and 2024, Portugal saw a 58% increase in publicly routed networks.