Meta plans globe-spanning sub-sea internet cable
Published On Feb 17, 2025, 9:47 AM
Meta has announced Project Waterworth, a planned 50,000km subsea cable network aimed at enhancing global connectivity, particularly supporting its AI projects. The cable will be the longest ever built, connecting key regions like the US, India, South Africa, and Brazil. This initiative aligns with Meta's goal of expanding its technological capabilities beyond social media, emphasizing the importance of subsea cables in global internet traffic. Experts recognize Meta's push to enhance connectivity as part of a strategy to improve user experience, although concerns over regulation and geopolitical risks persist.
Stock Forecasts
META
Positive
Given Meta's ongoing investments in infrastructure that supports digital services and AI, the announcement of Project Waterworth reinforces its position as a leading tech company. The initiative is expected to open new economic opportunities and enhance digital inclusion in the regions it connects. Therefore, analysts foresee a positive impact on Meta's valuation as this project could lead to growth in business and user engagement. However, potential regulatory scrutiny could pose risks.
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