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If I were a stakeholder in transpacific cables, I'd be leasing up the
next 3-6 years of the entire global cable laying fleet.
The people that have invested in global fiber operate much like a
cartel -- leaking the capacity into the market to keep prices
artificially high, much like the DeBeers family & diamonds.
Historically, representatives of these organizations meet once a
year on the golf course in Hawaii to determine who to sell to.
It would be nice to see some new faces in that game -- maybe it
would help leverage the market a bit.
- - ferg