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The surge in video streaming, demand for high-speed trading connections, and soaring mobile...

The surge in video streaming, demand for high-speed trading connections, and soaring mobile phone use have caused a boom in the fiber-optic sector. Around 19M miles of cables were installed in 2011, and Corning (GLW) sold record volumes. However, skeptics bring up the bust of the early 2000s and wonder if history is "repeating itself."
Comments (1)
  • kmi
    , contributor
    Comments (3985) | Send Message
     
    A LOT of fiber has already been laid out is lieing dormant (called "dark fiber"). Fiber buildout isn't as good a play as it may seem. A lot of it was bought at rock bottom prices from companies going belly up in dot-com boom, and is already in the ground but not being used.

     

    Google, prescient as ever, started buying fiber almost a decade ago in anticipation.

     

    From 2007: http://bit.ly/HR4Ncw

     

    and more recently: http://bit.ly/HNmHPm

     

    "Google’s New York City office also happens to be the location of one of the city’s two “carrier hotels” — a location where several different telecommunications connections terminate. Google is effectively sitting atop an unlimited amount of bandwidth in New York City.

     

    Google declined to say exactly how much dark fiber it owns, though Spieldenner estimates that the company possesses enough fiber around the country to become an Internet service provider overnight if it wanted to. "
    3 Apr 2012, 10:09 AM Reply Like
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