Enel Announces New Broadband Company-Enel Open Fiber

The Italian utility company, Enel has formed a new company to build fiber optic broadband networks throughout the country. A new company named Enel Open Fiber will work based on the Open Access Network concept, providing access to all potential service providers. The electricity provider in Italy has been encouraged by policymakers to start a new broadband network providing company in order to speed up the deployment.

RCom to Sell Cell-Tower and Fiber Optic Business for 4.6 Billion Dollars

India’s Reliance Communications (RCom), which is part of Billionaire Anil Ambani’s group companies, has signed a pact to sell its tower and optical fiber network assets in India to private equity firms TPG and Tillman Global in a deal estimated at about 4.6 billion US dollars.

Fiber Optic Connector Market to Reach 4.9 Million Dollars by 2020

Research and Markets has issued a new report on Global fiber optic connector demand and market. According to this new report, titled “World Fiber Optic Connectors – Market Opportunities and Forecasts, 2014 – 2020 “, the global fiber optic connectors market is expected to reach $4.9 billion by 2020, registering a CAGR of 9.9% during 2015-2020. The rising demand for high bandwidth services would primarily drive the fiber optic connectors market.

Israel to Speed up Fiber Optic Network Deployment

The director-general of Israel’s Ministry of Communications, Shlomo Filber is forming a new strategic plan for a massive deployment of fiber optic networks to manage the bandwidths that would be demanded by the 5G applications. The Ministry’s main aim is to connect one million households to a fiber optic network by 2020. These fiber optic networks will help Israel to be on the list of the first 20 countries to adopt 5G.