CommScope announced its eight-year fiber supply deal with OFS to address growing demand for bandwidth.
OFS and CommScope will ensure the availability of optical fiber supply to CommScope for use in its customers’ networks.
“OFS values our partnership with CommScope and supports their operations with a multi-sourced contract from our optical fiber facilities in the United States, Europe and Japan,” said Pierre Marty, senior vice president, Global Marketing and Sales at OFS.
OFS, owned by Furukawa Electric, is making investment to increase manufacturing capacity to meet its customer demand for 5G, FTTx, Node-Plus-Zero, and Internet of Things programs.
“CommScope secures access to a premier supply of optical fiber for development of innovative fiber cabling products for global wireline and wireless networks,” said Jaxon Lang, senior vice president and Connectivity Solutions segment leader, CommScope.
Telecom service providers and enterprises are pushing fiber connectivity deeper into their networks to address the growing need for speed and capacity.
OFS is a provider of optical fiber, fiber optic cable, connectivity, fiber-to-the-subscriber (FTTx) and specialty fiber optic products.
Fibre optic market growth trend
The global fibre optic market is expected to have reached $3.3 billion in 2017 due to the increasing demand for internet and growing FTTx.
The report from Visiongain said internet applications such as video streaming, OTT content, and loT have resulted in demand for higher bandwidth. Advances in technology to improve bandwidth and lower the attenuation rate have created opportunities in the fibre optics market.
Optical Cable Corporation (OCC), Fujikura, Sterlite Technologies, Corning, Prysmian, Yangtze Optical Fibre and Cable, Finolex Cable, among others active in the fibre optic market.
