Google and Chile sign agreement to deploy trans-Pacific submarine cable
1. Google signed a deal to lay a 14,800-kilometer data cable by 2027. 2. This cable will enhance connectivity between Chile, Australia, and Asia.
FAQ
Why Bullish?
Investment in infrastructure like submarine cables enhances Google's capacity and global reach, potentially increasing revenue streams similar to past expansions in undersea networks.
How important is it?
The agreement signifies significant investment in global infrastructure, crucial for growth in cloud and AI services.
Why Long Term?
The benefits from enhanced connectivity will manifest gradually as demand for data increases over time.