Underscoring the invaluable role of fiber as the backbone of ultra-broadband and 5G networks, Italian energy and telecom cables systems provider Prysmian today disclosed a three-year, $300 million contract to supply Verizon with fiber.
The move comes less than three weeks after Verizon inked a $1.03 billion contract to purchase fiber optic cable and related hardware from Corning. The two deals suggest Verizon -- at least for now -- has decided building out more fiber itself is the better option than acquiring it from other companies in the quest for fiber backhaul. (See Verizon's Fiber Spend Won't End with Corning.)
"This strategic supply agreement helps ensure we can ramp supply in order to expand our network capacity and speed 5G deployment," said Viju Menon, Verizon's chief supply chain officer, in a statement.
In each case, Verizon will use the acquired fiber-optic cable as part of its continued expansion of a fiber platform designed for 5G deployment, to enhance 4G LTE wireless and empower the service provider to deliver additional broadband offerings. The contract also demonstrates Verizon's commitment to NG-PON2, said Philippe Vanhille, senior vice president of telecom at Prysmian Group, in a statement.
"Both Prysmian and Verizon feel strongly that demand and supply for the next-generation passive optical network (NG-PON) will last well beyond 2020 as new technologies like 5G and the IoT become reality," he said.
NG-PON2 allows service providers to mix-and-match vendor equipment on the network, said Vincent O'Byrne, director of technology, in an interview with UBB2020 earlier this month. "We can assign different wavelengths to one vendor, then another, so you can have for example, Calix and ADTRAN on the same fiber, supporting different wavelengths, going to different customers," he said. "It offers us an awful lot of flexibility which reduces the outside plant sizing."
To support the contract, Prysmian plans to expand its operations in the United States. It currently operates three plants; one produces optical fiber, while the other two produce optical cable. The new US-based operation will work with material-management services from partners that are owned and operated by certified woman-business enterprises, Prysmian said.
The industry organization's major initiatives will address broadband differentiation based on quality of experience, global test labs for services, 5G, multi-access strategies and more, say CEO Robin Mersh and CMO Geoff Burke in an interview with BBWN.
Mike Zeto, GM of AT&T's Smart Cities division, expects metro areas to adopt platforms to manage multi-departmental IoT solutions once internal processes are aligned and more agencies are involved in smart city applications.
Fiber optic cable vendor Prysmian Group is now shipping its FlexRibbon Technology-based, US-sourced and made 6912 fiber MassLink Cable to service providers seeking densification for 5G or solutions for filled ducts.
Consumers are buying millions of IoT devices, from smart thermostats and security systems to intelligent entertainment setups and furniture. Yet many of these devices remain isolated because home users are uncomfortable connecting them to each other – or even their WiFi. After all, their WiFi network was probably designed only to handle a few laptops, a gaming system and a couple of smartphones. Now, demand on the network is surging and even though you're delivering 100 Mbps to 1 Gbps, that doesn't necessarily mean the broadband power is in the right place or reaches every corner of a home.
Even if WiFi coverage is sufficient, typing is not on trend. Voice is far more natural, easier and faster. Using a TV keyboard is archaic when more and more households have access to cloud-based voice services, like Amazon Alexa. This webinar will explore how service providers can create a comfortable, truly smart home for consumers – simultaneously driving up margin and loyalty.
Tune in to Broadband World News Radio on Thursday, November 1 at 8 a.m. PT, 11 a.m. ET, 3 p.m. UK as Ronan Kelly, CTO, EMEA & APAC Regions at ADTRAN, explores the five pillars of network integrity -- a topic he discussed during his recent Broadband World Forum keynote. Register now!