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 Wednesday, May 06, 2009

The telecoms networks business, which sparked the first major bubble of the 2000s, is experiencing a resurgence. According to new data from TeleGeography’s Global Bandwidth Research Service, international bandwidth usage grew 64% in 2008.

The sustained rapid growth in bandwidth demand is spurring a wave of network expansion: more than 60% of US network operators surveyed by TeleGeography plan to light new fibres on their network in 2009. At the same time, the submarine cable industry is experiencing a flurry of new projects that is reminiscent of the early part of this decade: telcos plan to lay 16 new undersea cables in 2009, exceeding the number of cables laid in 2001, the peak of the submarine cable investment bubble.

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Source: TeleGeography.