Brazil, EU to build undersea cable to counter US spying

The Brazilian flag (L) and the European flag are seen on February 24, 2014 during the 7th Eu-Brazil summit at the EU Headquarters in Brussels.
Georges Gobet | AFP | Getty Images

In an effort to foil U.S. spying, Brazil and the European Union are planning to build an undersea cable that stretches from Portugal to Brazil, according to a ZDNet report.

(Read more: What cyberthreats are costing US companies)

The $185 million cable will be built by Telebras, which is Brazil's state-owned telecom company, and Spain's IslaLink Submarine Cables. It is expected that the cable will be in use starting next year and is also aimed at ensuring neutrality of the Internet.

Read the full report on ZDNet's website.

By CNBC's Cadie Thompson. Follow her on Twitter @CadieThompson.