Prior to the Transatlantic cable and the Radiotelephone, it used to take very long for information to go from one place to another.
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On 18 November 1929, a major earthquake (known as the 1929 Grand Banks earthquake) on the southwestern part of the Grand Banks bordering the Laurentian Channel caused an underwater landslide which resulted in extensive damage to transatlantic cables and generated a rare Atlantic tsunami that struck the south coast of Newfoundland and eastern Cape Breton Island claiming 28 lives in the Burin Peninsula.
European-American settlers founded the village in April 1885, naming it in honor of the Scottish politician and businessman Sir John Pender, a pioneer of the Transatlantic Cable.
Joining with Cyrus West Field and J. W. Brett, who controlled the Newfoundland Telegraph Company, Bright helped organize the Atlantic Telegraph Company in 1856 to develop a transatlantic cable, with himself as engineer-in-chief; Wildman Whitehouse soon joined them as chief electrician.
On September 30, 2010, Hibernia announced at the Toronto Stock Exchange Opening Bell, and as well in The Wall Street Journal, its plans for a new transatlantic cable, Project Express, to be built from the NY metro area to Slough in London, with less than 60 ms of delay.