Global InterXchange (GIX) has unveiled a state-of-the-art dark fiber route across the Hudson River, the first in 20 years. Connecting key hubs in New York and New Jersey, this network utilizes advanced fiber technologies to offer ultra-low latency and high-speed connectivity.
LiveOak Fiber, a regional broadband service provider, has secured USD 250 million in financing to expand its fiber network in underserved Southeast U.S. communities. Since June 2022, LiveOak has rapidly grown, investing over USD 200 million and deploying 1,000 miles of fiber. This funding will enhance connectivity and bridge the digital divide.
Accenture has announced its agreement to acquire Fibermind, an Italy-based network services company specializing in fibre, 5G network deployment, and infrastructure engineering. This acquisition aims to bolster Accenture’s capabilities and extend its network services to clients in telecoms, utilities, and transportation sectors.
Lightpath, a prominent all-fiber connectivity provider, has announced its agreement to acquire most of United Fiber and Data’s (UFD) assets. This acquisition, pending regulatory approval, is anticipated to be finalized in the third quarter of 2024.
Swisscom has revealed that its Italian subsidiary, FastWeb, has sold its 4.5% stake in FiberCop to Optics BidCo, a subsidiary of KKR, for €439 million. FiberCop, formed in 2021 by Telecom Italia (TIM), KKR, and FastWeb, manages the ‘last mile’ fibre network, connecting homes to street cabinets.
Nokia, in collaboration with Global Fiber Peru, has successfully launched a pioneering subaquatic optical, IP, and fiber broadband network in the Amazon rainforest. This new network aims to connect approximately 400 communities within the three-border region where Peru, Colombia, and Brazil meet.
A recent study conducted by Germany’s Verband für Telekommunikation und Mehrwertdienste (VATM) has illuminated the rapid advancements within Germany’s fiber market. The study highlights a steady stride in the country’s fiber rollout, projecting that nearly 19 million households, approximately half of the German population, will have access to fiber-to-the-premise (FTTP) connectivity by mid-year, marking a rise of 2 million households since the close of 2023.
Google Fiber (GFiber) is expanding its Nevada network to include the City of Las Vegas, following its initial foray into the state earlier this year. In February, Clark County approved a franchise agreement, facilitating GFiber’s network deployment in the region.
Nokia, a leading telecommunications equipment provider, has secured a significant deal with German alternative network operator Deutsche Glasfaser to enhance its fixed access and IP network services. This partnership aims to expand Deutsche Glasfaser’s existing network infrastructure to reach a target of 6 million homes, tripling its current coverage of 2 million homes across Germany.
Tarifica’s Data Dive analysis is spotlighting the significant roles of Fixed Wireless Access (FWA) and fiber technology in escalating global internet connectivity. While fiber offers incomparable speed and reliability, FWA presents a cost-effective alternative where cabled installations are infeasible.
