Saturday, July 7, 2012

Facebook invests in construction of an underwater cable

This week, Facebook announced that the company will participate in financing the construction of underwater telecommunications cable - Asia Pacific Gateway, project worth $450 million, which will connect several countries in South Asia.

According to plans, construction of the cable should be completed by 2014. year.

The cable - Asia Pacific Gateway will run from Malaysia through South Korea to Japan, with a branches towards China, Hong Kong, Singapore, Taiwan and Vietnam. Cable will have a capacity of 54.8 terabits per second , with channels with capacity of 40 gigabits per second. The channels will be able to upgrade to a capacity of 100 gigabytes per second.

The construction of the cable will be financed from a consortium of 12 members, Facebook, the telecommunications companies Time dotCom (Malaysia), China Mobile, China Telecom, China Unicom (all three from China), Chunghwa Telecom (Taiwan), KT Corporation, LG Uplus (both from South Korea), NTT Communications (Japan), StarHub (Singapore), Viettel Group, Vietnam Posts and Telecommunications Group (both from Vietnam). Construction of the cable is entrusted to NEC.

Facebook is not the first major US internet company to invest in internet infrastructure. The internet giant Google, also announced in 2008 that it would invest in a $300m undersea cabling system called Unity between Asia and the US, BBC informed.