Prysmian Awarded A $300 Million Optical Cable Supply Agreement From Verizon Communications

The Group will make significant investments in North America optical cable organization to support the development of 5G and new broadband networks Milan, 8 May, 2017 – Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a significant supply agreement from the US telecom company Verizon Communications (NYSE, Nasdaq: VZ) to support the company’s US network expansion around a next-generation fiber platform that will speed the deployment of 5G services, while improving 4G LTE and other broadband capacity. The three-year contract is worth approximately…

Read More