Verizon Nabs High-Speed China Link
A Reuters newswire article, via CNN/Money, reports that:
Verizon signed an agreement Monday with five Asian telecom companies to build the first high-speed, trans-Pacific undersea cable system directly linking the United States and China, according to the company.More here.
The planned $500 million project will offer an alternative to the single low-capacity cable that now provides the only direct link between mainland China and the U.S.
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