Thursday, February 3, 2011

Corning Looks to New Wave of Fiber Builds

Corning is forecasting a new wave of fiber infrastructure spending worldwide as FTTH rollouts get underway, new data centers are commissioned and optical networks take a larger role in wireless backhaul applications.

"The telecommunications market is moving into a renewed investment cycle driven by growing wireless, fiber-to-the-home, and data center (enterprise) market opportunities," said Clark S. Kinlin, president and chief executive officer, Corning Cable Systems, in an investor conference in New York.

Corning expects the optical wireless component of the market to have a compound growth rate of 20% or better through 2014, with bandwidth demand growing at 40% over the next few years, Fiber-to-the-home installations should grow at a compound rate of 18% for several years.

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