Meta plans $10 billion subsea cable project to enhance global internet connectivity

Meta plans to invest over $10 billion in a new subsea cable project that will span more than 40,000 kilometers worldwide. This marks the first time Meta will solely own and operate a subsea cable, enhancing its internet infrastructure. The cable will connect the east coast of the U.S. to India via South Africa, then back to the west coast of the U.S. via Australia. This route aims to avoid geopolitical tensions and ensure reliable data traffic for Meta's services. Meta's move reflects a shift in subsea cable ownership from telecom companies to tech giants. The project is still in early stages, with more details expected in early 2025.