Studies from KMI bode well for the telecommunications industry
The market for repeatered undersea fiberoptic systems scheduled for installation from 1997 to 2003 is $15.15 billion, according to the 1997 Worldwide Summary of Fiberoptic Undersea Systems, a comprehensive industry guide released annually by KMI Corp. (Newport, RI). An average of 65,000 route-km to 75,000 route-km of new cable systems will be put into service each year. The report, Fiberoptics Markets in Europe, predicts that double-digit growth rates for Europe will continue through 2001, when the market will reach $2.73 billion--more than twice the 1996 market size. This year is the final year before the major telecom markets in Europe are opened to competition. For more information on either report, contact KMI at (401) 849-6771.