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Yes, it's more or less all fiber. And in that case the speed is 2/3 of the speed of light.

Delay will in most part be because of distance, forwarding delay in routers are a few 10's of microseconds while switches are at the sub-microsecond level. Stuff like this is quick when they have to handle 100Gbit interfaces.



(I assume you mean 2/3 of light speed in vacuum - it's 100% the speed of light in acrylic (?))




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