Unlike normal rubber, it is a type of thermoplastic and it's a popular organic plastic before the petroleum based modern plastic become pervasive [2].
[1] The legacy of undersea cables:
https://blog.sciencemuseumgroup.org.uk/the-legacy-of-underse...
[2] Gutta-percha:
jphoward•1h ago
And one of the old cable huts still exists: https://en.wikipedia.org/wiki/Pacific_Cable_Station