Telecoms infrastructure – cable laying: Here we go again?

There is another boom in laying undersea fibre optics cables with dozens of cables being laid over the next three years at a cost of US$7.1 billion reports The Economist. This investment comes after a spectacular telecoms crash in the late 1990s.However this new boom is rooted in reality the report says with demand being driven by video and music traffic, and worldwide demand growing at an average rate of 52 per cent per year between 2002 and 2007.To read this report in full in The Economist, see www.economist.com/business/displaystory.cfm?story_id=11413254.

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