c0mpliant writes "The Irish government has invested a further €5 million, after already having invested €5 million one year ago, in a new system of fiber optics which heralds an era of virtualization of fiber networks, using color coding to enable multiple fiber providers to serve businesses and homes, often on a single strand of fiber. The technology, which has already sparked interest from companies such as BT and IBM, is already in its first phase and boasts an impressive 2.5 terabytes capacity, double the capacity of the London phone system. The company behind the technology, Intune Technology, is comprised of a group of ex-UCD photonics researchers and has been around since 1999 and are based in Dublin. The project is set to be completed by 2020."
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