Menu

IoT FEATURE NEWS

Verizon to Spend $1B+ on Corning Fiber

By Paula Bernier April 19, 2017

We spend a lot of time talking about the growing amount of traffic that’s running over cellular networks, creating the need for expanded 4G networks and new 5G ones. But it’s important to remember the importance of the wireline network that creates the foundation for these cellular networks.

In an effort to fortify its wireline network in support of its 4G and 5G wireless efforts, Verizon Communications Inc. yesterday announced it will spend at least $1.05 billion on fiber optic cable and associated hardware from Corning Inc. Through the deal, Verizon will buy up to 12.4 million miles of optical fiber each year from 2018 through 2020 from Corning.

“Our plans identified a shortfall in fiber supply, and Verizon has been working with business teams to forecast demand and fill supply gaps with existing suppliers,” said Viju Menon, Verizon’s chief supply chain officer. “Securing the required volume of optical fiber and hardware solutions with Corning will ensure we meet our planned rollout schedules.”

Verizon has already been adding more fiber as part of its cellular effort. The company’s One Fiber work in Boston last year was its initial work on this front. Plans call for Verizon to invest $300 million to put more fiber throughout Beantown.

The optical space has been a rich one for innovation recently. For example, Facebook recently unveiled an open DWDM transport solution called Voyager that is shaking up the optical networking arena. And the company contributed the blueprint for Voyager to the networking community.

“As the amount of global internet bandwidth required continues to grow, there is major emphasis on how to efficiently deploy fiber both within and between urban and rural areas,” wrote Jay Parikh, global head of engineering and infrastructure at Facebook, in a November blog. “At Facebook, we believe that a key to efficiency is enabling open and unbundled solutions. To that end, our networking team has previously developed a series of projects aimed at breaking apart the hardware and software components of the data center network stack to open up more flexibility and accelerate innovation, as we previously did with our racks, servers, storage, and motherboards in the data center.” 




Edited by Alicia Young

Executive Editor, TMC

SHARE THIS ARTICLE
Related Articles

Zentera's Lee Emphasizes Importance of Shared Responsibility

By: Paula Bernier    12/15/2017

Zentera leader, IoT Evolution Expo speaker, discusses enclaves, IoT security, and the company's Internet of Things work with GM.

Read More

IoT Time Podcast S.2 Ep. 57 Unisys

By: Ken Briodagh    12/13/2017

In this episode of IoT Time, Ken Briodagh sits down with Bill Searcy, VP, Global Justice, Law Enforcement, and Border Security, Unisys (unisys.com/saf…

Read More

Canadian Municipalities Get Funding for 72 Infrastructure Improvements

By: Ken Briodagh    12/13/2017

The Canadian Infrastructure and Communities ministry and the Federation of Canadian Municipalities have announced funding for 72 Smart City initiative…

Read More

Hardware-Based IoT Security: Consider Your Options

By: Special Guest    12/13/2017

Risk vs. Reward - a tradeoff that factors into every business decision.

Read More

IoT and Cleantech Join Forces on Clean Energy

By: Special Guest    12/13/2017

The Internet of Things plays an important role in the adoption of clean technology and transforming operations and processes adjusted to the new envir…

Read More