Japan’s $300 Million Undersea Cable Gamble: Inside the Global Race to Secure the Internet’s Lifelines
Japan’s Bold Move: Subsidizing Cable-Laying Ships Japan’s decision to bankroll NEC’s purchase of undersea cable vessels signals a major policy shift to protect the nation’s digital lifelines. According to officials, Tokyo is prepared to front hundreds of millions of dollars so that NEC – Asia’s biggest undersea cable installer – can acquire ocean-going cable-laying ships of its own tomshardware.com lightreading.com. Each such ship is a massive specialized vessel (costing about $300 million apiece) equipped to carry and slowly spool out thousands of kilometers of fiber-optic cable across ocean floors. Until now, NEC has owned zero of these, relying instead on leasing