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Facebook, Amazon seek FCC approval for undersea data cable after Google

Benzinga Real-time News ·  Aug 14, 2021 04:23
  • $Facebook Inc(FB.US)$ and $Amazon.Com Inc(AMZN.US)$ sought the Federal Communications Commission's permission to operate a new undersea data cable between the Philippines and California after China Mobile's exit, Reuters reports.

  • The companies plan to start commercial operations by late 2022. The new data connection will ramp up capacity on the demanding routes.

  •  The new cable will help support Facebook applications and provide Amazon and its affiliates with the capacity to support Amazon's cloud services offerings and connect its data centers.

  • Previously $Alphabet Inc-CL A(GOOGL.US)$ Google announced its open subsea cable Firmina, which will run from the East Coast of the U.S. to Las Toninas, Argentina.

  • Techradar previously reported that Google was building two other undersea internet cable systems to boost network capacity between the Middle East, southern Europe, and Asia.

  • Price Action: FB shares traded lower by 0.02% at $362.73, and AMZN shares traded lower by 0.45% at $3,288.59 on the last check Friday.

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