The Great Optical Fiber Bubble of 2000 was one for the record books. It terms of peak-to-trough magnitude, it makes the current real estate bubble look mild in comparison. For over a decade the installed optical fiber in the U.S. has remained overbuilt.
The Wall Street Journal reports that Telecom infrastructure is in the midst of a bit of a boom, with 19 million miles of new fiber optic capacity installed in the U.S. last year.
What’s happening? It all goes back to the two drivers of digital content growth: Mobile and Video. Continue reading