Research in 2021: around 60% of undersea internet cable faults were caused by fishing equipment or anchors; repairs can often cost $250K to $3M per incident (Bloomberg)

Bloomberg:
Research in 2021: around 60% of undersea internet cable faults were caused by fishing equipment or anchors; repairs can often cost $250K to $3M per incident  —  On the evening of Oct. 14, the managing director of Shefa, a Faroese Telecom subsidiary, received a call from one of his technicians …

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