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The performance of DSL systems is severely constrained by crosstalk due to the electromagnetic coupling among the multiple twisted pairs making up a phone cable. In order to reduce performance loss arising from crosstalk, DSL systems are currently designed under the assumption of worst-case crosstalk scenarios leading to overly conservative DSL deployments. This article presents a new paradigm for DSL system design, which takes into account the multi-user aspects of the DSL transmission environment. Dynamic spectrum management (DSM) departs from the current design philosophy by enabling transceivers to autonomously and dynamically optimize their communication settings with respect to both the channel and the transmissions of neighboring systems. Along with this distributed optimization, when an additional degree of coordination becomes available for future DSL deployment, DSM will allow even greater improvement in DSL performance. Implementations are readily applicable without causing any performance degradation to the existing DSLs under static spectrum management. After providing an overview of the DSM concept, this article reviews two practical DSM methods: iterative water-filling, an autonomous distributed power control method enabling great improvement in performance, which can be implemented through software options in some existing ADSL and VDSL systems; and vectored-DMT, a coordinated transmission/reception technique achieving crosstalk-free communication for DSL systems, which brings within reach the dream of providing universal Internet access at speeds close to 100 Mb/s to 500 m on 1-2 lines and beyond 1 km on 2-4 lines. DSM-capable DSL thus enables the broadband age.