Information
Meta plans a $10 billion global underwater cable project spanning 25,000 miles, TechCrunch reported....
Original sourceCorporate Developments
The article discusses significant investment in infrastructure which could affect Meta’s operational capabilities and market potential.
FAQ
Why Bullish?
This project could enhance connectivity, potentially boosting Meta's service adoption and growth, similar to how Google benefited from its cable investments.
How important is it?
The article discusses significant investment in infrastructure which could affect Meta’s operational capabilities and market potential.
Why Long Term?
The project's completion and capacity benefits will unfold over several years, echoing past infrastructure projects.