It should be lower latency for transaltantic and other long haul traffic, as the speed of light in glass is roughly half that of the vacuum of space. So the extra distance to space is offset by the faster speed of light.
That is very roughly... it is about 2/3 c and can be calculated by the refractive index of quartz glass vs air (e.g. SiO2 has refractive index between 1.55 bad and 1.4 good for the speed) e.g. 1/1.55 ~ 0.645 and 1/1.4 ~ 0.714. According to "Main Parameters" section of [0] it seems to be 1/1.44 for the silica used in actual fibers.
A good approximation would be 200 km/ 1 ms instead of 300 km/ 1 ms for speed of light in a vacuum/ microwave links.
A good approximation would be 200 km/ 1 ms instead of 300 km/ 1 ms for speed of light in a vacuum/ microwave links.
[0] https://www.rp-photonics.com/fibers.html