Microsoft's PR group sent me the announcement of the new Atlantic cable project with Facebook. There is a race to wire the world and this is just one more step by a couple of the big players.

There is a blog entry. https://blogs.technet.microsoft.com/server-cloud/2016/05/26/microsoft-and-facebook-to-build-subsea-cable-across-atlantic/

Wired has some statement from Facebook. http://www.wired.com/2016/05/facebook-microsoft-laying-giant-cable-across-atlantic/

““If you look at the cable systems across the Atlantic, a majority land in the Northeast somewhere,” says Najam Ahmad, Facebook’s vice president of network engineering. “This gives us so many more options.””