Telecommunication & Mobile Phones
With TAT-1 (transatlantic No. 1), the first transatlantic telephone cable was laid between 1955 and 1956. The 3600 kilometer of cable ranged from Scotland to Newfoundland, costed $120 million and was in operation for over 20 years. Since 1927, transatlantic telephone connections were radio-based and very expensive. After today's purchasing power, the cost for a phone call from Europe to America (which lasted for around 3 minutes) amounted to over $500.