MTNOF - Facebook Google plan new African subsea cable system

Facebook (FB -0.3%), Google (GOOG -0.7%, GOOGL -0.7%) and their set of partners are planning new subsea cables to connect far-flung African countries to each other - and to the United States. Along with partners including Vodafone (VOD -0.3%), Orange (ORAN -0.1%), MTN Group (MTNOY +7.5%) and Telecom Egypt (OTC:TEGPY), the companies plan a giant cable system that will connect regions including Angola, southeast Nigeria, the Seychelles and Comoros - all told, 35 connection-landings in 26 countries. It will amount to a 37,000-km cable system with an initial capacity of more than 190 terabits per second that they want in place by 2024. And it's a bit of a regional power play with an aim to link those countries together and to America, rather than China, Light Reading notes. Facebook and Google parent Alphabet are the force behind some four-fifths of investment in trans-Atlantic data. And 64% of the capacity

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Facebook, Google plan new African subsea cable system