From Commsday
Jul 5, 2012Facebook has made its first investment in a subsea cable system: the Asia Pacific Gateway. According to a Malaysian stock exchange filing by Malaysia’s Time dotCom, the latest member to join the APG cable consortium, Facebook is already among the list of consortium members behind the project.
Facebook’s investment, which other industry sources have confirmed to CommsDay, would be its first direct involvement in a subsea cable project, and would follow a similar move by Google with its Unity cable investment across the Pacific.