Topics Optical Fibre Cable | Telecom | 5G service in India
Surajeet Das Gupta | New Delhi Last Updated at September 26, 2022 23:25 IST
https://mybs.in/2b0hVNY
Optical fibre cable (OFC) manufacturers are bracing to meet a multifold increase in fiberisation, aggressively tap global markets to power 5G services, and cope with demand from fibre-to-the home (FTTH) fixed broadband. Telcos estimate that they will be spending anything between $1.5- 2.5 billion in India on OFC in the next three to four years. Global demand, with prices firming up due to 5G and FTTH roll out, will go up from $9.2 billion (502 million fibre kilometres) in 2021 to over $12 billion (610 million fibre kilometres) by 2024 - a CAGR of 10 per cent.
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First Published: Mon, September 26 2022. 22:46 IST
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