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PI Physik Instrumente - Fast Steering LB LW 11/24

Landowners to Consider Fiber Optics Offer

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Property owners in the eastern US will soon be considering whether to grant a fiber optic right-of-way to the Norfolk Southern Railroad's Thoroughbred Technology & Telecommunications Div. in return for cash and stock in the company. US District Judge Susan Barker has approved a plan to offer landowners $6000 per mile plus stock in the railroad's communications division to end a lawsuit accusing the railroad of trespassing on their land in order to lay optical fiber in the railroad right-of-way. The class-action lawsuit is one in a series of similar actions against railroad...Read full article

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    Published: July 2001
    BusinessCommunicationsfiber opticslight speed

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