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Created May 18, 2017

Prysmian Group, a significant operator in the energy and telecom cable systems industry, has been awarded a supply agreement from US telecom company Verizon Communications to support the company’s network expansion around a next-generation fibre platform that will speed the deployment of 5G services, while improving 4G LTE and other broadband capacity.

The three-year contract is worth approximately $300 million and will include supply of more than 17 million fibre kilometers of ribbon and loose tube cables.

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