home

Insight top Prysmian Group Insight bottom Prysmian Group

NEXST 3 2022

Fibre and peripherals to see vast gains and global demand

A new Exactitude consultancy report predicts that the fibre optic cable market could hit US$ 30.05 bn by 2029, registering an 14% CAGR from 2022 to 2029. The introduction of 5G will be an important fibre cable business driver. A recent Dell’Oro Group report projects global cumulative Service Provider (SP) Router and Switch market revenues approaching $76 billion by 2026, representing a 2% CAGR for the forecast period.  400 Gbps routing technologies which allow Telecom and Cloud Service Providers to expand networks and increase revenues are expected to drive market growth.

Read more

Prysmian Group at annual Tech and Politics Forum Brussels

Prysmian took part in the Tech and Politics Forum 2022, an annual event for the European telecom industry. In a keynote panel on Europe’s connectivity and digital infrastructure upgrading, Executive Vice President Philippe Vanhille shared his vision on the need to shift to next-generation connectivity:

“Fibre and cable technology is critical for a successful digital and green transition, as it represents the core component of broadband deployment in line with the Digital Decade targets – access to internet for all in the EU by 2030. The decisions we take today will impact the coming decades, therefore it is paramount we leverage on R&D and innovation to develop quality components and maximise the value and sustainability of the infrastructure.”

 

Read more

Broadband Commission calls for digital cooperation to solve global education crisis

The first Transforming Education Summit (TES) was recently held in New York City alongside the 77th Session of the UN General Assembly. Its Digital Learning and Transformation track calls on connectivity and digital technology to help address a global education emergency.

Digital technology is seen as a powerful tool for the positive transformation of teaching and learning, but this power requires unlocking the three ‘keys’ of digital learning: connectivity, capacities, and content. Access to universal broadband for teachers, learners, and learning spaces is at the core of this effort.

Read more

German fibre acceleration plans

The German government has unveiled a strategy to drive nationwide Gigabit broadband deployment in the coming years. Targets include providing FTTH and 5G wherever people live, work and travel by 2030. Interim goals include FTTH to at least 50% of homes by 2025. The FTTH Council Europe's most recent statistics show that only 22.1% of premises in Germany had been passed by full fibre networks by September 2021. Although Germany is Europe’s biggest economy, it ranks third from last in Europe, whereas market leaders Latvia and Spain have 89% and 88.9% coverage respectively.

Read more

Prysmian awarded over €800M for German offshore wind grid connection cable systems

Prysmian Group has been awarded two major contracts for a total value in excess of €800 million including options by Amprion Offshore GmbH - a subsidiary of German transmission system operator Amprion - for the design, supply, installation, and commissioning of land and submarine cables for two offshore wind farm grid connection systems in Germany’s North Sea.

The DolWin4 & BorWin4 projects will jointly transmit 1.8 GW. Prysmian will supply some 1000 km of HVDC ±320 kV single core copper cables with XLPE insulation. Submarine cables will be produced in Pikkala, Finland and Arco Felice, Italy, and land cables will be produced in Gron, France and Abbeville, USA. Delivery and commissioning is scheduled for 2028.

 

Read more

£36m extension Scotland’s R100 fibre rollout

The Scottish Government has committed to providing superfast broadband access of at least 30 Mb/s to every home and business in Scotland. The Reaching 100% (R100) program aims to ensure universal superfast broadband access. The Government is extending its £600m R100 contract with BT (Openreach). This will see £36m being invested to cover an additional 2,637 rural properties with an FTTP-based broadband ISP network.

Read more about R100.

Broadband penetration Nigeria hits 44.5%

Broadband penetration in Nigeria increased by 91.70 per cent over the last four years. Data from the Nigerian Communications Commission (NCC) shows that the country's broadband penetration increased from 40.9% in February 2022 to 44.5% in July 2022. The NCC believes that the country will reach its target of 70% broadband penetration by 2025.

Read more about Nigeria’s broadband.