Brazil plans on $200m internet cable to Europe to avoid NSA2014-10-31 09:48 by Daniela
In a plan to disconnect from the U.S. internet, Brazil intends to lay fiber-optic cable across the Atlantic Ocean. The project is estimated to cost $185 million and the cable will spread from the northern city of Fortaleza all the way to Portugal.
The deployment of the cable will be controlled by state-owned telecommunications company Telecomunicacoes Brasileiras SA, known as Telebras. Even though Telebras' suppliers include U.S. companies such as Cisco Systems Inc., it is expected that no U.S. company will participate in the process.
The reasons for the decision are the revelations last year that the US NSA had been spying on the Brazilian government's email for years and even on the president Dilma Rousseff.
According to analysts, the United States economy could lose about $35 billion through 2016 due to security fears. The situation can even become worse as there's more risk for U.S. companies of being excluded from new projects, said Lee Doyle of consultancy Doyle Research. In Brazil, Russia, India and China, "the anti-NSA sentiment is real and significant," he said.
Read more -here-