Trans-Pacific cable system to link USA with China

Verizon Communications announced a deal Monday with five Asian telecom companies to develop the first high-speed trans-Pacific undersea cable network linking the U.S. and China directly. The Wall Street Journal reports that the $500 million project is the latest sign of continuing inroads by large telecom companies to tap China and other Asian markets with "faster pipelines" for these growing economies. AT&T Inc. is reportedly in negotiations with Telekom Malaysia Bhd. and Starhub Ltd. of Singapore to connect Southeast Asia and the U.S. via a cable line.













Source: US Telecom