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Fiber to the premises to grow 54% a year till 2009

KMI Research predicts Fiber to the Premises (FTTP) is poised for a 54% CAGR through 2009. The analysts say that Verizon's announcement and commitment to pass one mln homes in 2004 has made FTTP the fiberoptics industry's most exciting development since the late 1990s. KMI Research forecasts that the total FTTP market for equipment, cable, and apparatus will reach $3.2 billion in 2009.