We are investing in the development of a new HDD Business Unit for Optic Fiber Conduit and Underground Utilities.
Telecom companies in the USA are developing an aggressive plan to install optic fiber to manage the future speed needed for the “internet of things”.
Cities as well are developing and actualizing master plans for the installation of optic fiber as long term strategies to become Smart Cities in near the future.
Conduit is installed with HDD (Horizontal Directional Drill) equipment, being the least invasive technology available today.
The projection is that the optic fiber market will have a valuation of +100 billion by 2022, and the tendency is for other utilities to be installed with HDD as well (telephone, water, power, sewage, etc).