Fiber Optic Internet Availability

I have read about the Internet service limitations and thus impact on cost prior to this year.

To explain, in the past PY had to buy fiber access to the Internet from Brazil as PY was not connected directly to any of the Atlantic ocean fiber optic network.

In 2014 there were articles claiming that PY was investing to obtain their own direct connection to Atlantic Ocean cables and thereby be able to offer faster & cheaper Internet connectivity as soon as [some time in] 2016.

Does anyone have any recent information on this.  I have not been able to Google any updates so far.

Thanks in advance.