Norwegian infrastructure enterprise Bulk Infrastructure has put forward a transatlantic communications initiative named 'Leif Erikson.' This ambitious project entails the construction of a submarine fiber-optic cable that will directly connect Canada and Europe, circumventing traditional U.S. routes. The proposed cable will span a remarkable distance of over 2,800 miles. Presently, the project is in its planning and fundraising phases, with actual construction slated to commence at a later date. The total investment for this groundbreaking endeavor is estimated to be around $620 million.
