Facebook Inc. and some of the world's largest telecom carriers, including China Mobile Ltd., are joining forces to build a giant sub-sea cable to help bring more reliable and faster internet across Africa.
The cost of the project will be just under $1 billion, according to three people familiar with the project, who are asking not to be identified as the budget hasn’t been made public. The 37,000-kilometer (23,000 miles) long cable — dubbed 2Africa — will connect Europe to the Middle East and 16 African countries, according to a statement by the company…
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