By ZDNet

The Brazilian government expects that its future undersea fiber optic telecommunication link with Europe will result in a reduction in Internet costs to final consumers as well as increased security.

A Brazil-Europe submarine cable will be built under a joint venture led by Brazil's state-owned telecom provider Telebras and Spain's IslaLink Submarine Cables at a cost of $185 million and will begin in July.

“This new submarine cable provides a direct connection to the European continent, decreasing latency. It is expected that this will result in cost reductions,” the coordinator of the submarine cabling project at Telebras, Ronald Valladão, told Deutsche Welle Brazil, adding that the savings to consumers could reach as much as 15 percent.

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