Meta is reportedly planning to build a world-spanning fiber-optic subsea cable for its own exclusive use. According to TechCrunch, the $10 billion project will create a new 40,000+ kilometer (about 24,

Meta is said to be planning a $10 billion undersea fiber-optic cable that will span the world. The cable will reportedly steer clear of geopolitical hotbeds and give Meta more control over its infrastructure.

Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users — account for 10% of all fixed and 22% of all mobile traffic.

Meta is reportedly going ahead with an undersea data network that will span several continents, and cost $10 billion or more by the time it’s completed.

Social media and tech giant Meta (NASDAQ:META) is planning to build a nearly 25,000-mile (40,000-kilometer) fiber-optic subsea cable that will go around the world, and the investment in the project could go over $10B,