Telecom and media stocks captained a sweeping advance in European shares, with Germany's Xetra Dax soaring to a record and the U.K.'s FTSE 100 turning in its biggest one-day point gain in seven months.

The Xetra Dax leapt 253.56, or 3.5%, to 7549.88, mainly powered by

Deutsche Telekom

(DT) - Get Report

and

Mannesmann

(MNNSY)

. Deutsche Telekom jumped 7.10 euros, or 8.8%, to 88.10, while Mannesmann surged 20.25, or 6.4%, to 336.00.

Together, the two German telecom giants contributed 172 points to the Xetra Dax's advance, according to

Reuters

. Elsewhere,

Siemens

(SMAWY)

punched up 6.72, or 4.1%, to 171.07.

(

TSC

Fun Tip: Try saying Mannesmann over and over in the manner of

Saturday Night Live's

Hans and Franz. Well,

we

enjoy it, anyway.)

Speaking of

Reuters

(RTRSY)

, the media stalwart contributed mightily to the FTSE's rise of 167.2, or 2.7%, to 6285.8. Reuters exploded up 232 pence, or 23%, to 12.39 pounds after unveiling a new Internet strategy and announcing strong earnings.

In Paris, the

CAC 40

rose 94.08, or 1.5%, to 6297.66.

France Telecom

(FTE)

jumped 7.90 euros, or 5.2%, to 160 and

Alcatel

(ALA)

gained 5.90, or 2.2%, to 273.40.