FRANKFURT (Reuters) — Germany's Siemens AG has set a new speed record for electrical processing of data through a fiber-optic cable, it said on Wednesday, opening the possibility of cheaper Internet and data networks.

Siemens said in a statement it had processed data using exclusively electrical means at 107 gigabits per second—roughly two full DVDs per second—and sent it over a single optical fiber channel in a 100 mile-long (161-kilometre) U.S. network, the first time outside of a laboratory.

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