U.S. submarine communications company SubCom has announced plans to lay an undersea Internet cable from Australia to Hong Kong via Papua New Guinea, bolstering its presence in the region, where Chinese company Huawei Technologies is actively seeking to expand its influence.
SubCom and private Singaporean firm H2 Cable said in a joint statement that the US company has reached a $2 million deal with H380 Cable to lay a submarine cable. Work on the submarine system should be completed in 2022.
Submarine communications cables, capable of moving much more information at a faster rate and at a lower cost than satellites, are responsible for most of the world's telecommunications traffic. This makes them an extremely important infrastructure component from a strategic point of view.
Source: 3dnews.ru