Optical fibre cable (OFC) manufacturers are bracing to meet a multifold aggressively increase in fiberisation, 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.
Optic fibre players say that demand for fibre will rise between twofold to threefold. Currently, it stands at 20 million fibre kilometres with about half, according to analysts, having come from Reliance Jio.
This story is from the September 27, 2022 edition of Business Standard.
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This story is from the September 27, 2022 edition of Business Standard.
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