U.S. based Verizon is part owner of the cables and told the Financial Times it had not yet determined the cause of the cable breakage. A spokesperson says, “We have seen some ships going through an area dragging their anchors.”
The outage led Tarek Amer, Egypt’s deputy central bank governor to say, “We are disappointed [with] the service and will consider alternatives for the banking system if this happens again.”
Reports from India claim Internet bandwidth has been reduced 50-60%, but officials say that a degraded service will be available soon. According to Verizon is could take days to fix the damaged cables since ships have to be dispatched and then find the cables and make repairs to them.
Local media in both Egypt and India encourage users to reduce Internet traffic to a minimum.
A new and supposedly disaster-proof fiber optic cable is under construction to provide access between the U.S. and Asia with a cost reported to be near $500 million USD. New cables use different shielding techniques and sheer at designated points in the event of an anchor collision.
quote: "The outage led Tarek Amer, Egypt’s deputy central bank governor to say, “We are disappointed [with] the service and will consider alternatives for the banking system if this happens again.”
quote: They are low-end worthless countries that lost internet. Why should you BOTHER to make a runaround for them?
quote: I never stated that Wal-Mart is outsourcing its jobs overseas.
quote: You've misunderstood the situation. If the weak dollar is good for exports, why are Canadians coming over to buy things here? It's because they're able to buy their own domestic products over here for cheaper than they can in their own country.
quote: Plus, we don't export very much compared to China or other parts of the world. Our economy is now based on borrowing and consuming and for a long time we've been inflating our currency and fooling the world into propping up the dollar as the world standard. America is a burden on the world economy now when we used to be a major productive force.
quote: MUMBAI, Feb 1 - A third undersea cable has been cut after breaks near Egypt earlier this week disrupted web access in parts of the Middle East and Asia, Indian-owned cable network operator FLAG Telecom said on Friday.FLAG, a wholly-owned subsidiary of India's number two mobile operator Reliance Communications, said in a statement on its web site its FALCON cable had been reported cut at 0559 GMT, 56 kms (35 miles) from Dubai on a segment between the United Arab Emirates and Oman. (Editing by Paul Bolding)Copyright 2008 Reuters.
quote: Yes, because after all, everyone living in the Middle East must be a terrorist - right?
quote: I suspect probably somewhere around 1969 when they saw the moon landing and said "fake!"
quote: They didn't fit in with the other passengers at all. blah, blah, blah....
quote: Honest to God, how the hell does that affect me in the slightest and why was it even reported? Do you honestly think that my daily venue in the world is impacted in the least by a ship cutting the internet line to Egypt?
quote: And you expect I should have a positive attitude towards any country but America where I live?