Meta confirms ‘Project Waterworth,' a global subsea cable project spanning 50,000km
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Meta has confirmed 'Project Waterworth,' a $10 billion+ global subsea cable project spanning 50,000km. This initiative aims to give Meta more control over its services, which include Facebook, Instagram, and WhatsApp.
February 14, 2025 | 6:15 pm
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Meta has announced 'Project Waterworth,' a $10 billion+ subsea cable project to enhance its global connectivity and control over its services.
The announcement of a $10 billion+ investment in a subsea cable project indicates Meta's strategic move to enhance its infrastructure, potentially improving service reliability and performance. This could positively impact Meta's stock as it demonstrates long-term growth and control over its services.
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