Facebook, Amazon Seek FCC Approval For Undersea Data Cable After Google: Reuters

Facebook Inc FB and Amazon.com Inc AMZN sought the Federal Communications Commission's permission to operate a new undersea data cable between the Philippines and California after China Mobile's exit, Reuters reports.
The companies plan to start commercial operations by late 2022. The new data connection will ramp up capacity on the demanding routes.
The new cable will help support Facebook applications and provide Amazon and its affiliates with the capacity to support Amazon's cloud services offerings and connect its data centers.
Previously Alphabet Inc GOOG GOOGL Google announced its open subsea cable Firmina, which will run from the East Coast of the U.S. to Las Toninas, Argentina.
Techradar previously reported that Google was building two other undersea internet cable systems to boost network capacity between the Middle East, southern Europe, and Asia.
Price Action: FB shares traded lower by 0.02% at $362.73, and AMZN shares traded lower by 0.45% at $3,288.59 on the last check Friday.