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Shortage of fiber optic cables could spell disaster for technology firms

July 25, 2022

Via: TechRadar
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An acute shortage of fiber optic cabling is set to create significant bottlenecks across critical communications infrastructure projects worldwide.

Analysis from market intelligence firm Cru Group shows the price of fiber has risen 70% over the last 18 months or so, as demand for internet-based services rises and countries press ahead with their respective 5G rollouts.

“Given that the cost of deployment has suddenly doubled, there are now questions around whether countries are going to be able to meet targets set for infrastructure build, and whether this could have an impact on global connectivity,” explained Cru.

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