Last week Corning's VP of Optical Communications Stephen Miller gave a presentation at the Jefferies 2014 Global TMT Conference in Miami, Florida. Miller's presentation and the subsequent breakout session with Jefferies analyst George Notter is archived on Corning's website. The key takeaways were:
- There is currently "a very very broad based demand" for FTTH particularly in North America from small Tier 3 providers and municipalities on up to the larger players. Miller expects this trend will continue
- Google's 1Gbps offering and unique marketing approach is potentially a very disruptive force in the industry. Miller seemed excited about the potential for incumbents to deploy FTTH in response to Google's threat.
- Consumers are becoming more aware of FTTH and its becoming a consumer preference
- More interfaces in the data center are moving away from copper toward optical
- The DAS (Distributed Antenna Systems) market is growing at a rapid 15% to 20% rate. Only ~10% of buildings in N.A. have DAS and Miller expects to see a much faster penetration going forward
This is all very bullish for CLFD as their products address all these applications and customer classes