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2021-03-30
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Facebook and Google reveal plans to build subsea cables between U.S. and Southeast Asia
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The cost of the projects, which are still subject to regulatory approvals, has not been disclosed.\n“We are committed to bringing more people online to a faster internet,” Facebook’s Vice President of Network Investments Kevin Salvadori and Network Investment Manager Nico Roehrich wrote in a joint blog post. “As part of this effort, we’re proud to announce that we have partnered with leading regional and global partners to build two new subsea cables — Echo and Bifrost — that will provide vital new connections between the Asia-Pacific region and North America.”\nPartners include Indonesian firms Telin and XL Axiata, and Singapore-based Keppel.\nThe aim is for Echo to be completed by late 2023, while Bifrost is set to be finished by late 2024.\nLast May,Facebook announcedplans to build a 37,000-kilometer (22,991-mile) long undersea cable around Africa to provide it with better internet access.\nGoogle is also working on an underwater cable called Equiano, which aims to connect Africa with Europe. The web search titan has another unit named Loon which makes high-altitude balloons that deliver 4G internet to rural communities. It recently announced an expansion of that scheme to Mozambique.\nFacebook previously had plans to beam internet to remote areas using solar-powered drones. Called Aquila, the company shuttered the project back in 2018, but has reportedly been working with Airbus to test similar drones again in Australia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":355153143,"gmtCreate":1617041749082,"gmtModify":1704801268882,"author":{"id":"3577643450613023","authorId":"3577643450613023","name":"Marcondes","avatar":"https://static.itradeup.com/news/8071177ce059a2c3f7e2fc5f8bbf8874","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577643450613023","idStr":"3577643450613023"},"themes":[],"htmlText":"Interesting ","listText":"Interesting ","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355153143","repostId":"1194994971","repostType":4,"repost":{"id":"1194994971","pubTimestamp":1617022015,"share":"https://ttm.financial/m/news/1194994971?lang=&edition=fundamental","pubTime":"2021-03-29 20:46","market":"us","language":"en","title":"Facebook and Google reveal plans to build subsea cables between U.S. and Southeast Asia","url":"https://stock-news.laohu8.com/highlight/detail?id=1194994971","media":"cnbc","summary":"KEY POINTS\n\nThe “Echo” and “Bifrost” transpacific cables will increase the data capacity between the","content":"<div>\n<p>KEY POINTS\n\nThe “Echo” and “Bifrost” transpacific cables will increase the data capacity between the regions by 70%, while also increasing internet reliability, Facebook said on Monday.\nWhile Facebook...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/29/facebook-google-to-lay-subsea-cables-between-us-and-southeast-asia.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook and Google reveal plans to build subsea cables between U.S. and Southeast Asia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook and Google reveal plans to build subsea cables between U.S. and Southeast Asia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 20:46 GMT+8 <a href=https://www.cnbc.com/2021/03/29/facebook-google-to-lay-subsea-cables-between-us-and-southeast-asia.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe “Echo” and “Bifrost” transpacific cables will increase the data capacity between the regions by 70%, while also increasing internet reliability, Facebook said on Monday.\nWhile Facebook...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/29/facebook-google-to-lay-subsea-cables-between-us-and-southeast-asia.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/29/facebook-google-to-lay-subsea-cables-between-us-and-southeast-asia.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194994971","content_text":"KEY POINTS\n\nThe “Echo” and “Bifrost” transpacific cables will increase the data capacity between the regions by 70%, while also increasing internet reliability, Facebook said on Monday.\nWhile Facebook is investing in both cables, Google is only investing in Echo.\nThe cost of the projects, which are still subject to regulatory approvals, has not been disclosed.\n\nFacebookandGoogleare planning to lay two huge subsea cables that will link the West Coast of the U.S. to Singapore and Indonesia, Southeast Asia’s biggest economy and home to a growing number of smartphone users.\nThe “Echo” and “Bifrost” transpacific cables will increase the data capacity between the regions by 70%, while also increasing internet reliability,Facebook saidon Monday.\nWhile Facebook is investing in both cables, Google isonly investing in Echo. The cost of the projects, which are still subject to regulatory approvals, has not been disclosed.\n“We are committed to bringing more people online to a faster internet,” Facebook’s Vice President of Network Investments Kevin Salvadori and Network Investment Manager Nico Roehrich wrote in a joint blog post. “As part of this effort, we’re proud to announce that we have partnered with leading regional and global partners to build two new subsea cables — Echo and Bifrost — that will provide vital new connections between the Asia-Pacific region and North America.”\nPartners include Indonesian firms Telin and XL Axiata, and Singapore-based Keppel.\nThe aim is for Echo to be completed by late 2023, while Bifrost is set to be finished by late 2024.\nLast May,Facebook announcedplans to build a 37,000-kilometer (22,991-mile) long undersea cable around Africa to provide it with better internet access.\nGoogle is also working on an underwater cable called Equiano, which aims to connect Africa with Europe. The web search titan has another unit named Loon which makes high-altitude balloons that deliver 4G internet to rural communities. It recently announced an expansion of that scheme to Mozambique.\nFacebook previously had plans to beam internet to remote areas using solar-powered drones. Called Aquila, the company shuttered the project back in 2018, but has reportedly been working with Airbus to test similar drones again in Australia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}