Fiber Capacity Maxing Out?

Ten years after the broadband bubble, it finally looks like we’re maxing out existing transoceanic fiber optic capacity. Is there a new buildout due? The following chart from JPMorgan’s Michael Cembalest suggests as much:

Related posts:

1. Rogue Fiber Optic Waves, L-Distributions, and the Market
2. Starbucks and the Restroom Anti-Bubble
3. Readings: Decoupling, Las Vegas, Obesity, Spare Capacity, Popcorn, etc.
4. Peak Data Approaches?
5. Timing the In and Out Thing