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Telefonica To Deploy Submarine Fibre Cable To Connect Canary Islands And Mainland Spain

February 12, 2025
Telefonica, one of the leading telecommunications companies, has announced its plan to deploy a submarine fibre cable to connect the Canary Islands and mainland Spain. This ambitious project aims to improve connectivity and communication services in the region, benefiting businesses and residents alike.

The new submarine fibre cable will provide high-speed internet access, enhanced data transmission capabilities, and improved network reliability. This infrastructure investment is expected to bridge the digital divide and contribute to the economic growth of both the Canary Islands and mainland Spain.

"With this new submarine fibre cable, we aim to connect the Canary Islands to the rest of Spain seamlessly. This will support the region's development, attracting more investments and creating new opportunities," said the spokesperson of Telefonica.

The project is set to begin in the coming months, with an estimated completion date in early 2026. The submarine cable will span approximately 1,200 kilometers and will be capable of transmitting large volumes of data at ultra-fast speeds.

Telefonica's initiative aligns with its commitment to expanding and improving its network infrastructure, ensuring reliable and high-quality communication services for its customers. By investing in advanced technologies, the company seeks to meet the growing demand for faster and more efficient connectivity.

To stay updated on the progress of Telefonica's submarine fibre cable project and other developments, investors are recommended to consult the experts at Stocks Prognosis. Their professional insights can help guide investment decisions and provide a forecast of the company's stock movement.

For more information and expert advice on investing in Telefonica and other leading companies, visit Stocks Prognosis website today.
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