Tech giant to partner with Microsoft on Transatlantic subsea cable

According to various media reports, tech giants, Facebook and Microsoft have agreed to jointly build a subsea cable across the Atlantic Ocean.

Nigeria CommunicationsWeek reports that both tech companies are joining forces to build the cable to meet up with the growing demand for high-speed cloud and online services.

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Other media reports say that the construction of the new "MAREA" cable will begin in August and is expected to be completed by October 2017.

Both companies have reportedly released a joint statement to this effect. It will be interesting to see how this move will translate to the amount of control the two companies have on the Internet.