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Will Meta's subsea cable project face regulatory delays over a year by end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from credible news sources or official statements from Meta
Story
Meta Plans First Fully-Owned $10 Billion, 40,000 km Subsea Cable to Boost Data Capacity
Nov 29, 2024, 12:30 PM
Meta Platforms Inc. plans to build a new subsea fiber-optic cable spanning more than 40,000 kilometers around the globe, according to sources confirmed by TechCrunch. The project, expected to cost over $10 billion, aims to boost global data capacity and connectivity. This marks Meta's first fully-owned subsea cable initiative. The company, responsible for 10% of all fixed and 22% of mobile internet traffic, is expected to disclose more details in early 2025, including the intended route, capacity, and reasoning behind the project.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Technical challenges • 25%
Regulatory challenges • 25%
Geopolitical challenges • 25%
No major challenges • 25%
2026 • 25%
2027 • 25%
2028 • 25%
2029 or later • 25%
Cable breakage • 25%
Data transmission issues • 25%
Power supply failure • 25%
No major issues reported • 25%