Alphabet’s Google will build three new subsea cables in Papua New Guinea (PNG). Australia funds the project, which is part of a mutual defense treaty between the nations.
Military strategists view the initiative as a key development in enhancing PNG's digital infrastructure. The project supports efforts by the U.S. and Australia to counter China's growing influence in the region.
The new cables are expected to lower internet costs for consumers. This infrastructure enhancement will also bolster economic growth and improve educational opportunities across PNG.
The project positions PNG to attract more investment from global digital companies. This follows Google’s other strategic investments in the Indo-Pacific, including a planned data hub on Australia’s Christmas Island. No market reaction analysis is available, as the announcement occurred over the weekend.