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FPT Invests $10m in New Underwater Internet Cable

By the end of this year, the hopefully shark-proof  Asia-Pacific Gateway submarine cable will be up and running, in part thanks to FPT.

According to Nikkei Asian Review, the Vietnamese IT firm has invested US$10 million into the project, which aims to connect Vietnam, Japan, Hong Kong, China, Singapore, Malaysia, Taiwan, South Korea and Thailand by way of an underwater cable network.

FPT isn't the only Vietnamese firm involved, however: two other giants, Viettel Group and CMC Telecommunication Infrastructure, are also investors in the project. According to an FPT representative, the company's contribution is equal to roughly a quarter of what Viettel has put in.

Other foreign investors include China's China Mobile, China Telecom and China Unicom, South Korea's KT, NTT Communications of Japan, Chunghwa Telecom of Taiwan, Singaporean firm StarHub and Facebook.

Here's a nifty map of the Asia-Pacific Gateway submarine cable's path:

[Image via Wired]

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