Well, what you want is theoretically possible.
there are some burdens such as named virtual hosts and incorrect port lists and runtime restrictions, but you can theoretically follow the specifications and do everything in php. you can open sockets and write raw data into it, so theoretically anything is possible.
but its completely absurd and pointless.
however, your problem is not new, and there are solutions for this.
they are called pervasive cdns.
most of them provide edgecasting for delivering content with high speed and low latency (this is a common use case), but you can also use them to balance traffic.
most cdns of coruse cost money.
but there is a project dedicated to this very specific problem. cache content and deliver it to sites with low bandwidth and receive only from there.
it is called coral cdn , you have to check it out. probably the most commonly used commercial ones are akamai, cachefly and level3.
The surrican
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