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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Warren Gates who wrote ()12/2/1999 8:00:00 AM
From: elmatador  Read Replies (1) of 12823
 
Lack of glass fibre delays broadband investment

Dagens Industri, 1999-11-30
Demand of fibre-optic cables has increased so
much that there currently is a lack of cables at
Alcatel AKO Kabel and Ericsson Cables - the only
two manufacturers in Sweden. Ericsson Cable has
employed 100 people this autumn and has 600
employees today. "The market for fibre-optic
cables has grown by 20-30 percent annually so far,
but the Internet is a driving force and the growth
rate could be higher than this next year. We are
approaching a situation where there's a lack of
cables next year," says Jan Sj”d‚n, president of
Ericsson Cables in Hudiksvall.
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