According to an article on BNamericas, Brazil's state-owned operator Telebrás is making a big undersea move aimed at dramatically increasing the country's international bandwidth choices by hooking up four continents.
The first leg they have planned will be from Fortaleza, where many other cables already land, to the obvious initial target, the US. But the second leg will hook up to Europe, while a third will connect to Africa at the Angolan capital of Luanda. And the remainder will make several hops down the east coast of South America to Sao Paolo and on to Uruguay and Agentina. It's an ambitious project, and the first phase is still a ways off - scheduled for 2014.
Actually, it sounds a bit familiar too, as there was another project recently announced called WASACE that planned to connect the same four continents, albeit via a different configuration . And there is also still the Brazil-Africa cable system said to be planned by a group with Chinese involvement too. The South Atlantic has never been so interesting. If all these cables get built, though, it's going to take a long time to burn through all that capacity.
All we need now is a South Pacific cable plan. Surely Chile is tired of connecting to everyone the long way around, perhaps a direct link to Tokyo and/or Sydney will turn up soon?