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VisitMeta Plans $10B Global Subsea Cable
Nov 29, 2024, 12:25 PM
Meta Platforms Inc. is reportedly planning to invest $10 billion in constructing a subsea cable that will span the globe. The cable, expected to be over 40,000 kilometers long, aims to enhance internet connectivity worldwide. Meta is anticipated to provide more public details about the project in early 2025, including the intended route, capacity, and the strategic reasoning behind this ambitious infrastructure project.
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Markets
Yes • 50%
No • 50%
Meta Platforms Inc.'s official press releases or credible technology news reports
No • 50%
Yes • 50%
Government announcements or Meta's official statements confirming regulatory approvals
Other • 25%
Improve global internet connectivity • 25%
Enhance Meta's data infrastructure • 25%
Support expansion into new markets • 25%
Official Meta Platforms Inc. announcements or detailed analysis in major business publications
Google • 25%
No major partners • 25%
Microsoft • 25%
Amazon • 25%
Official partnership announcements from Meta or joint press releases with other companies
No significant impact • 25%
Asia • 25%
Africa • 25%
South America • 25%
Reports from internet connectivity analysis firms or global internet performance rankings