Google and Facebook Inc. are among companies interested in using a $250 million submarine cable that will link Brazil directly to Europe as part of the South American country’s attempts to avoid U.S. electronic espionage, according to Brazilian Communications Minister Andre Figueiredo.
The cable is expected to be operational in late 2017 and “should be funded by
the commercialization of its traffic," Figueiredo said in an interview Tuesday in Barcelona at the Mobile World Congress. State-owned Telecomunicacoes Brasileiras SA, known as Telebras, “is already marketing the cable to the European Union and companies such as Google and Facebook, which have shown interest in it."
