Manx Electricity Authority chairman Howard Quayle says he hopes to expand the use of the fibreoptic cable linking us to the UK.
The undersea cable was laid some years ago but was only brought into use – or lit up – in 2007.
At the moment, it uses only around a third of its possible capacity, making a profit of around £200,000 a year.
Mr Quayle says he hopes to find local firms which could help make better use of the line, and bring in more cash for the Isle of Man:
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"He enjoyed hearing the Manx national anthem!": King greets guests at Government House
His Majesty meets representatives of the Manx community at Garden Party
Crowds gathered in glorious sunshine to see the Monarch
Live blog: King Charles visits the Isle of Man
Updates from the Lord of Mann's first visit to the Island since ascending to the throne
King speaks of Island's 'enduring partnership' with the crown
King Charles III spoke in Tynwald this lunchtime
