Meta wants to build a $10 billion subsea cable around the world: Report

Meta, the Mark Zuckerberg-owned company that owns FaceBook, Instagram and WhatsApp is reportedly planning to build a subsea cable that spans across the world. While this may sound a bit too much, the company accounts for almost 10 per cent of fixed and 22 per cent of mobile internet traffic worldwide.

According to a recent report by TechCrunch citing sources close to the company, Meta is currently planning to lay a fibre-optic cable that will have a length of more than 40,000 km.