When telecoms lay cables, the biggest cost is digging the trench. The cable itself is cheap. So, they lay way more fiber than they need. This unused, unlit fiber is called "Dark Fiber".

1. Why Buy Dark Fiber?

Banks, Governments, and Big Tech (Google, Facebook) lease Dark Fiber to create their own private networks. They attach their own lasers to the ends.

2. DWDM

Dense Wavelength Division Multiplexing. This technology allows sending multiple colors of light down a single fiber strand. With DWDM, a single pair of fibers can carry Terrabits per second.