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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Investor opinions & comments:

I'm excited to see the economic growth and new opportunities this project will bring to the Canary Islands and mainland Spain

— from JonathanPowell at 02-15-2025 13:32

Telefonica continues to impress with their commitment to expanding and improving their network infrastructure. Exciting times ahead!

— from StockSally at 02-15-2025 05:32

This is great news for connectivity in the Canary Islands! Can't wait to see the positive impact it will have on businesses and residents

— from DavidWilson at 02-14-2025 10:19

I hope Telefonica has thoroughly researched the potential challenges and risks associated with this project. They need to ensure it's worth the investment

— from MoneyMabel at 02-13-2025 18:53

Fast and reliable internet access is essential in today's digital age. Kudos to Telefonica for investing in this project

— from TraderTara at 02-13-2025 03:15

Improved data transmission and high-speed internet access will benefit both businesses and residents. Great move by Telefonica

— from InvestorSara at 02-13-2025 00:04

Is there really a need for this submarine fibre cable? What about other regions in Spain that may also require improved connectivity?

— from InvestorIan at 02-12-2025 17:14

I'm not convinced that this submarine fibre cable will be worth the investment. How much will it actually improve connectivity in the region?

— from MoneyJoe at 02-12-2025 10:59

I've always believed that improved connectivity is crucial for economic growth. This project seems like a step in the right direction

— from WealthyWill at 02-12-2025 09:24

Telefonica's commitment to providing reliable and high-quality communication services is commendable. This project will undoubtedly enhance connectivity in the region

— from SamanthaEvans at 02-12-2025 05:05

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