Fiber-to-the-Home Saw Record Growth Last Year: FBA
Fiber broadband deployments “reached a new annual record” of 10.3 million U.S. homes passed last year, the Fiber Broadband Association said Thursday. “Including homes with more than one passing, there are now a total 88.1 million homes passed with fiber…
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in the U.S. with continued growth expected over the next five years,” FBA said. The association released a report it commissioned from RVA Market Research & Consulting that also found fiber passes 56.5% of U.S. households and fiber take-rates “increased slightly in 2024, growing to an average of over 45% based on unique passings.” With the “broadband boom, it is encouraging to see the preference for fiber growing,” said Deborah Kish, FBA vice president-research and workforce development. “Fiber provides the most reliable, high-quality broadband experience compared to alternative technologies, making fiber the clear choice to connect communities and close the digital divide.” The fiber industry is “experiencing record-breaking success, and there is a lot more runway left to go,” said RVA CEO Mike Render. "The addressable [fiber-to-the-home market] remaining is still very large, assuming about 70 million first passings left (including household growth) and an estimated 80 million more second or third FTTH passings to go.”