CRU estimate global optical cable consumption on a fibre-km basis contracted by almost 7% y/y in 2019, marking the second weakest year in CRU's records. In terms of market value, we estimate this fell more in the region of 24% y/y. 1 billion, is growing due to rising high-speed connectivity needs, 5G deployment, and expansions in data centers and smart cities. This growth. Whilst there were a few highlights in 2019, namely the launch of commercial 5G services in nearly 30 countries, it was perhaps a year to forget for many industry participants. Such fibers are widely used in fiber-optic communication, where they permit transmission over longer distances and at higher bandwidths (data transfer rates) than. Domestic telecom gear maker HFCL Thursday said it has bagged two orders of worth around Rs 502 crore for supply of optical fibre cable from Larsen & Toubro (L&T) and a consortium led by ITI.
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