OFS says it has renewed its commitment to CommScope (NASDAQ: COMM) with an eight-year deal to supply optical fiber that CommScope will use for cabling in its customers' networks. Specific terms of the agreement were not publicly disclosed.
"Service providers and enterprises are pushing fiber connectivity deeper into their networks to address the growing need for speed and capacity," said Jaxon Lang, CommScope's senior vice president and connectivity solutions segment leader. "We are pleased to continue our relationship with OFS in the supply of optical fiber—it is an important part of our growing fiber connectivity business that supports wireless, broadband, commercial building, campus and data center networks around the world."
Both companies are investing in capacity to meet increasing bandwidth demands, says OFS.
"OFS values our long-standing partnership with CommScope and supports their global operations with a multi-sourced contract from our optical fiber facilities in the United States, Europe, and Japan," said Pierre Marty, OFS senior vice president, global marketing, and sales. "The OFS investment to increase manufacturing capacity was welcome news to our customers with the requirements of 5G, FTTx, Node-Plus-Zero, and the Internet of Things consuming bandwidth and driving build-outs globally. The OFS innovations in fiber optics can support this breadth of reach from fiber for traditional outside plant applications, to 200-micron fiber helping to ease installation in existing crowded duct networks, to bend insensitive fiber to connect the home, businesses and wireless cells."
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