Category: Fiber Optic Business

In a landmark achievement for the British Telecom (BT), the Ministry of Industry and Information Technology (MIIT) in China has approved its applications for a…

Germany’s Leoni and China-based Hengtong groups have signed a Joint-Venture agreement for mass-production of single-mode optical fibers in Jena, Germany. Leoni’s subsidiary j-Fiber has production…

Furukawa Electric Company announced the completion of production capacity expansion in its optical fiber production facility in the Norcross, Georgia (OFS Optical fiber production). The…

FTTH is the Greenest Network in the Market and Telefonica’s investors show confidence in its continuing FTTH projects. The first of its kind in the…

Central American subsidiary unit of Telefonica, Telefonica Centroamerica Inversioines has entered into an agreement with America Movil for the sale of the former’s entire shares…

UK’s telecommunication service providers Vodafone and O2 (Telefonica UK) have revealed their plans for more deeper levels of collaboration to share 5G services apart from…

Windstream and Telxius join together to provide a high-speed international connection over fiber optic cables to Windstream wholesale customers. Windstream ‘s Core Network will be…

Prysmian Group’s cable plant in Slatina, Romania has received certification from JAC (Joint Audit Cooperation)for its sustainability performance. A press release at the manufacturer’s site…

Telecommunications Organisation S.A. popularly known by its Greek initials OTE has entered into an agreement with Albania Telecom Invest to sell its whole shares in…

French telecommunication operator, Orange, and Groupama will form a joint venture company called Protectline. Both firms signed an agreement to establish a new company that will serve in the home telesurveillance sector.

UK’s broadband provider Hyperoptic has appointed new Managing Director and joins hands with others in its new executive team. Moray Falconer has been appointed as…

MIH (Myanmar Information Highway) expects to achieve double digit growth this financial year, thanks to the growing demand for high-speed fiber optic broadband services in Myanmar. MIH, a joint venture between Benchachinda Group and local companies, provides broadband Internet services in the country.

Mexico’s Televisa has bought shares of Axtel in a Win-Win move for both the companies. Market reports from Mexico confirm the landmark deal between the firms that would redefine the communication service market in the country. According to the agreement, Axtel will sell the residential business in six cities to Televisa. The residential business includes high-speed broadband services delivered over the fiber-optic network.

US based global pioneer in fiber optic industry, Corning Incorporated will buy another world famous fiber optic components maker 3M Communications’ Texas based unit. The deal worth US$900 million will make corning strong in the field of fiber optic accessories and components. Corning will acquire substantial stakes of all of 3M’s Communication markets division, a press release from Corning reveals. This move will strengthen Corning’s global market reach and will expand its product portfolio for high bandwidth solution market.