#Undersea cable investments double to $13 billion in 2yr — ever-growing danger of cable cuts looms
Amount is double 2022-2024 spend, and much as you'd expect, it's driven primarily by #bigtech (Meta Amazon Microsoft Google). The report claims that existing cables already cover roughly 1M mi, and that number is getting larger every year. Paul Gabla from #Alcatel, the world's largest #underseacable maker and installer, remarks Big Tech companies made up about 50% of market
https://www.tomshardware.com/networking/undersea-comms-cable-investments-double-to-usd13-billion-in-over-two-years-ever-growing-danger-of-cable-cuts-looms