Google is going to make Microsoft’s alleged monopoly look like the board game before they’re through:

Having outgrown the capacity of telecom companies to provide bandwidth for its online applications and services, Google (NSDQ: GOOG) is buying part of an undersea cable to carry data to and from Asia.
On Tuesday, Google said it would join with five other telecom companies — Bharti Airtel, Global Transit, KDDI Corporation, Pacnet, and SingTel — to invest $300 million in the construction of a 10,000 km submarine cable.
The high-speed fiber optic trans-Pacific cable, called Unity, will have a capacity of up to 7.68 Tbps and will run between the U.S. and Japan. It is planned to accommodate demand for trans-Pacific bandwidth, which has grown at a rate of 63.7% annually between 2002 and 2007 and is expected to double biannually from 2008 through 2013, according to TeleGeography, a telecommunications consultancy.