According to a news release today, Corning Inc. believes that a full recovery in the telecommunications industry will depend on "strong customer demand for new service capabilities that systems such as fiber-to-the-premises enable." You can read the full release at:
Corning Provides Overview of Access Network Market Opportunity; Company to Benefit From FTTx Growth
Access is key, according to the company, and (naturally, since that's their business, but it's probably true anyway) they believe optical is the right medium to provide access to triple-play services. According to Corning CEO Larry Aiello, "Optical communications' inherent and demonstrable bandwidth far outstrips copper-based or wireless media. This means faster access speeds for customers and 'future proofed' networks for carriers."
AB -- 2/4/05
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