The telecommunications company said Derry is the first city in the UK and Ireland to have all its street cabinets upgraded with fibre broadband technology.
It will be rolling out fibre to the cabinet technology (FTTC) - which provides a fibre connection as far as the familiar green boxes on the corner of streets but still relies on copper wiring for the so-called last mile between the cabinet and the home.
While Fibre Channel storage networking technology offers up to 16 Gbps data rates low cost, high speed Ethernet connectivity is raising its head.
Pirelli says it will now concentrate on cable technology and fibre-optic components, which together accounted for 19% of its sales last year, and also on telecoms services.
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More than two full generations of Moore's law (which says that the number of transistors squeezed on to a computer chip doubles every 18 months) have passed since the tech bubble burst, as have more than three generations of fibre-optics communications technology.
The Northern Fells is an area of the UK that remains un-served by fibre or other superfast fixed technology.
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Today's technology allows a fibre to carry 160 such streams, each with a capacity of 10 gigabits per second (one gigabit is a billion binary digits).
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Since the government first announced its plans for the national internet in 2005, it has clearly invested a lot in state of the art technology infrastructure - fibre optic cables, and new data centres to enable many more sites to be hosted inside the country rather than abroad.
What's more its fibre-to-the-cabinet technology is getting faster and faster, whatever the sceptics say, and is fully future-proofed.
The telco has also revealed that its Fibre-to-the-Cabinet (FTTC) technology now reaches four million homes.
Most of its fibre roll-out will rely on slower fibre-to-the-cabinet (FTTC) technology.
The 1Gb trial in Kesgrave, Suffolk, will begin early next year and is intended to demonstrate the speed capabilities of BT's fibre-to-the-home (FTTH) technology.
But experts argue that current mobile technology cannot compete with fast fixed line connections such as fibre optics which offer speeds of up to 100Mbps.
From rugged portable drives to ultra-fast rack-mount arrays, G-Technology's USB, FireWire, eSATA, SAS and Fibre Channel storage solutions support virtually all levels of AV production and can be found in post-production facilities worldwide.
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Even Mr Esrey, who at 59 is as much the technology visionary today as he was when he set out to build America's most advanced fibre network more than 15 years ago, seems resigned to letting go, so long as the price is right.
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