This week on NPR, they were promoting an upcoming episode of "On Point" and they mentioned that 95% of the world's data is transmitted via under sea cables. I also happened to see the site below that also mentions that fact. Curious, why this is still the case in 2023? Would satellite or other means of data transmission not be faster, simpler and potentially somewhat cheaper to implement?
kvcable.com
95% Of Transnational Communication Is Achieved By Submarine Cable
Nowadays, submarine communication cables are still responsible for about 95% of the world's communication data volume.
kvcable.com