Meta’s $10B Subsea Cable to Connect the Globe
Meta is reportedly planning to invest $10 billion in constructing a new subsea cable system to enhance global internet connectivity. This initiative aims to support Meta's platforms, such as Facebook and Instagram, by improving data transmission speeds and reliability.
The project reflects a broader industry trend where tech giants are investing in their own undersea cables to meet growing data demands. Companies like Google and Meta have been significant contributors to this movement, with Meta previously investing in 15 submarine cable systems.
Between 2023 and 2025, the submarine cable industry is expected to see a surge in new cable deployments, valued at a record $10 billion, bringing an estimated 78 systems online. These investments are crucial for accommodating the increasing global internet traffic and ensuring robust and resilient connectivity.
Meta's substantial investment underscores its commitment to expanding and securing its global infrastructure, aiming to provide enhanced services to its users worldwide.
