[b3orn]

For submarine cables there are two things here. The first is lower attenuation which allows for fewer amplifiers along the route making it overall cheaper. The second is lower latency. There have been cases where high frequency trading people went wireless to get lower latency because of the higher propagation speed of EM-waves in air. For really long distances you can go theoretically use satellite links to get lower latency than a submarine cable even if the total distance increases.

[Figs]

Someday, someone is finally going to work out how to do comms with neutrinos (which can pass directly through the Earth and come out the other side) and make so much money...

[cryptonector]

They are not, for the thing that would make neutrinos useful for communications is also the thing that makes them useless for communications. In order to use them for comms you'd need to produce such a huge number of neutrinos, and/or in a very colimated beam, that one shudders to think of how one might produce them!