Meta plans to build a $10B subsea cable spanning the world, sources say | TechCrunch

Image for article Meta plans to build a $10B subsea cable spanning the world, sources say | TechCrunch
News Source : TechCrunch

News Summary

  • Meta plans to build a new, major, fiber-optic subsea cable extending around the world
  • The 40,000+ kilometer project could total more than $10 billion of investment
  • Meta will be the sole owner and user of the cable — a first for the company
Meta, the parent of Facebook, Instagram, and WhatsApp, is the secondbiggest driver of internet usage globally. Its properties and their billions of users account for 10% of all fixed and 22% of all [+8469 chars]

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