Meta is building something massive — Project Waterworth, a subsea fiber-optic cable stretching 50,000 km across five continents. That's longer than Earth's circumference. and it could cost up to $10 billion. Scale: 24-fiber-pair capacity, far bigger than most existing cables. In some cases, suppliers only guarantee quotations for the same day, and in extreme situations even half-day quotations are appearing in the market. Single-mode fiber costs less per foot than multimode fiber, but it requires more. CRU provides comprehensive, accurate and up-to-date price assessments and research reports for bare optical fibre across various key regional markets, combined with insights into the factors and events affecting markets. High fiber optic cable prices may threaten the financial feasibility of information communication technology (ICT). Let's be real: If you are wondering “how much does fiber optic cable cost” for your next project, you've probably seen quotes that make zero sense. One supplier in your inbox promises $0. 05 a foot, while a domestic distributor is asking for ten times that.