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

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Expertise

Reuters solely reported that state-owned telecom companies are creating a $500 million undersea fiber-optic web cable community that may hyperlink Asia, the Center East and Europe to rival an identical U.S.-backed undertaking. The plan is an indication that an intensifying tech warfare between Beijing and Washington dangers tearing the material of the web. 

Market Impression

The China-led EMA undertaking is meant to straight rival one other cable at the moment being constructed by U.S. agency SubCom LLC, known as SeaMeWe-6 (Southeast Asia-Center East-Western Europe-6), which can even join Singapore to France, by way of Pakistan, Saudi Arabia, Egypt, and half a dozen different international locations alongside the route. 

Article Tags

Subjects of Curiosity: Expertise

Kind: Reuters Finest

Sectors: Telecommunications

Areas: AsiaEurope / Center East / Africa

Nations: China

Win Varieties: Exclusivity

Story Varieties: Unique / Scoop

Media Varieties: Textual content

Buyer Impression: Main World Story

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