Originally Posted by Rochard

The FBI has been involved; It turns out this is not the first time this has happened. Seems it's happened a dozen times in the past four years.

"Cut" means someone broke into a "facility" and physically cut the cables. I might be off on this but I don't believe it's like cutting the cable that runs to your TV - These are "trunks of cables" and thick enough so that you couldn't wrap your arms around them. This carries Internet, phone, and television for the entire region.