Let us assume a time synchronization system that comprises a sender and a receiver. The sender generates and sends an encoded signal which presents the current time to the receiver periodically, and the receiver calibrates its clock according to this signal. Is the speed of signal transport via electricity as fast as light?
If it is, does it mean no matter which media we use, copper or fiber, even air(WiFi), the time lag between the sender and the receiver is identical theoretically(ignore interference)?