Sources close to Meta, which owns Facebook, Instagram, and WhatsApp, said the company may spend over $10 billion on a nearly 25,000-mile project. Meta would reportedly own 100% of the cable's capacity, per TechCrunch.
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Meta plans a $10 billion global underwater cable project spanning 25,000 miles, TechCrunch reported.
The project is reportedly in the early planning stages, though the exact route has not been announced.
Meta aims for sole cable ownership of the cable, avoiding geopolitical tension areas like the Red Sea.