What makes you say that? "The Peering Links" is way to generic to be useful - hundreds of companies and networks operate "peering" (or transit, or transport) links between the US and Asia. To name a few: Google, Facebook, Microsoft, Cogent, Level3, NTT, HE.net, China Telecom/Unicom/Mobile, KDDI, Tata, Verizon, Korea Telecom, PCCW, LG, SingTel, Telstra, AT&T, CenturyLink, Bharti Airtel, and Softbank.
Regardless, that is more or less independent of this cable, which will be used for bulk data transfer by 2 private companies.