• 11/24/2024

China plans $500 million subsea internet cable to rival US-backed project

Reuters

Reuters exclusively reported that state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project. The plan is a sign that an intensifying tech war between Beijing and Washington risks tearing the fabric of the internet. 

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https://www.reutersagency.com/en/reutersbest/article/china-plans-500-million-subsea-internet-cable-to-rival-us-backed-project/