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TechCrunch  Apr 19  Comment 
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The Economic Times  Apr 19  Comment 
Corning will sell up to 12.4 million miles of optical fiber to Verizon each year from 2018 through 2020, with a minimum purchase commitment of $1.05 billion, according to the agreement.
TechCrunch  Apr 18  Comment 
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Yahoo  Apr 18  Comment 
Verizon Communications Inc has agreed to buy optical fiber from Corning Inc for at least $1.05 billion over the next three years as the No. 1 U.S. wireless carrier aims to improve its network infrastructure, the companies said on Tuesday. Corning...
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Benzinga  Apr 6  Comment 
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Reuters  Mar 31  Comment 
Verizon Communications Inc said on Friday that Hans Vestberg, the former Ericsson chief executive officer, has joined the company and will lead a team building out its fiber network infrastructures amid growing competition from smaller rivals.
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TOP CONTRIBUTORS

Fiber optics are lines of thin glass or plastic that can send digital information by transmitting light signals. Optical fibers have the diameter of a human hair and are bundled up into optical cables. The fiber optic network is the next step in telecommunication network technology. Optical fiber is superior to the traditionally used copper wiring in essentially every category. The dominance of sending information using digital vs. voice technology also plays right to the capability of fiber optics. Fiber optics are being used most notably in telecommunications, but there use spreads to the medical, cable, defense, and engineering industries.

The Difficulty with Fiber Optics

Network Installation: Making the actual optical fiber is cheaper than copper wiring, but installing fiber optics into a network is another story. In the 16 states that Verizon is introducing its FiOS system, the company reported that it plans on spending close to $23 billion from 2004 to 2010 in network installation. [1] It costs telecom companies about $1000 per subscriber to install the fiber to the home FTTH . [2] This is mainly why fiber optics has seen most of its use in network backbones and not as much popularity in the final distance to buildings and homes.

Fiber Flexibility: There was a concern with fiber optics because its glass or plastic composition made it difficult for it to be installed in buildings or areas that required sharp turns. However, this problem was solved somewhat as Corning (GLW) developed a bendable fiber in 2007.


  1. Fiber Optics: Bringing the Next Big Thing to New York
  2. The Pros and Cons of Fiber Optics
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