Actually light is not fast enough...
The direct distance between
Madrid and
Sidney is about 18,000 km, so if we connected the two cities with an optic fiber cable, a direct straight link.
Latencey= distance/speed of light * 2 = 18,000/300,000 * 2 = 0.12 sec =
120 ms
In reality, the distance is much larger, because laser pulses are not traveling straitly along the optic fiber, they are reflecting inside the tube...
Also the optic fiber cable will never be connected directly between
Sidney and
Madrid without huge turns, because there are many high mountains and very deep oceans in the way... any optical cable will easily cut more than double the 18,000 km arc, to overcome natural and human made obstacles...
So practically, the latency will always be above
300 ms regardless of the advancement in the hardwares on both terminals...
Now that is small issue, in future when humans live in the outer space (Moon, Mars...), the latency will be in minutes...
To sum it up, light is not that fast, and humanity should invent a faster than light communication technologies (
Superluminal)...