TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Internet

Internet

Facebook connectivity investments to deliver Over $200 billion in economic benefits

Via Facebook

Jul 7, 2020

6 July, 2020: The importance of reliable, affordable internet connectivity has become more apparent to many people adapting to new ways of life during the coronavirus pandemic. Yet, 3.5 billion people around the world remain unconnected to the internet. Closing the digital divide is critical to ensure access to information, education and healthcare.

Over the years, Facebook has invested in infrastructure and partnerships to address the barriers to connectivity. We recently commissioned three reports to examine the economic impact of our investments in Sub-Saharan Africa, Association of Southeast Asian Nations and Latin America. Findings show that our programs are estimated to generate more than $200 billion USD in economic growth for these regions collectively over the next five years.

According to Analysys Mason, Facebook’s investments in Sub-Saharan Africa and ASEAN will deliver economic benefits of over $57 billion USD and $70 billion USD, respectively, over the next five years. NERA Economic Consulting estimates that Facebook’s investments in Latin America will generate an average of $27 billion USD per year in economic growth and over time, create 178,000 new jobs in the region.

The bulk of the economic value is generated through Facebook’s investments in submarine cables, edge networks and Open Transport Networks providing fiber backhaul. These programs improve the quality of access networks and service delivery, helping network operators extend coverage, improve performance and reduce costs.

Submarine Cables

Facebook’s investments in submarine cables increase the supply of international bandwidth, reduce costs for ISPs and result in more connectivity.

In Latin America, for example, Facebook is part of a consortium deploying the Malbec cable between Brazil and Argentina that will double international capacity to Argentina. The cable is expected to improve reliability and reduce costs for ISPs. NERA estimates that the cable will also increase internet penetration in Argentina by 6% and 3% in Brazil.

In Southeast Asia, Facebook invested in the APG cable and Southeast Asia Japan Cable 2, as well as three new trans-Pacific cables planned for the next few years. While too new to include in the Sub-Saharan Africa report, our recently announced 2Africa cable will circle the continent, interconnect 23 countries, and triple the capacity of all the subsea cables serving Africa today.

More Info

Related Topics
  • Access Evolution,
  • Announcement,
  • Broadband,
  • Business Models,
  • Enterprise,
  • Facebook,
  • Global,
  • Internet,
  • Telco & CSP,
  • Telecoms Vendors & OEMs,
  • Tracker

More Like This

5G Evolution Summit

How NTT Data is playing a key role in 5G

Oct 19, 2022

Access Evolution

Bell and Distributel announce strategic agreement to support expansion of internet services for consumers and businesses

Sep 5, 2022

Access Evolution

Riding the FTTH wave: Google to expand its fibre network for first time in years

Aug 11, 2022

5G Evolution

What’s up with… 5G, FWA, Meta and Apple

Aug 8, 2022

Wi-Fi

How CSPs can deliver and monetise Managed Wi-Fi services

Jun 20, 2022

This content extract was originally sourced from an external website (Facebook) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

10:43

MWC23 interview: Mari-Noëlle Jégo-Laveissière, deputy CEO of Orange

12:45

MWC23 interview: Abdu Mudesir, Group CTO, Deutsche Telekom

9:26

MWC23 interview: Greg McCall, Chief Networks Officer, BT

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us

  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).