Fiber optic cable prices are ballooning and lead times are increasing amid a global supply shortage. According to market research firm Cru Group, and first reported by the Financial Times, prices have risen the most in Europe, India, and China. Installation of fiber-optic cables for telecommunications. Fiber prices have risen by up to 70 percent from. These networks support a broad range of functions, from hosting cloud applications and video conferencing to managing real-time customer support. Because so many businesses depend on a stable connection, even a brief outage can trigger significant negative outcomes; loss revenue, safety concerns. A worldwide shortage of fiber-optic cable has driven up prices and lengthened lead times, endangering companies' ambitious plans to roll out state-of-the-art telecommunications infrastructure.
[PDF Version]