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Reported by the Financial Times today: "The world's biggest telecoms companies are rushing to add capacity on inter-continental routes, to keep up with booming demand fuelled in part by consumers downloading bandwidth-hungry video content from YouTube, iTunes and other sites over broadband networks. Demand is also being driven by fast-growing telecom and internet markets in some developing countries, and by the need to build additional "redundancy" into the network undersea cables to protect against damage and failure."

Read full story: Financial Times

Related topics: Access Providers, Broadband, Telecom