Hawaiki cable a step closer to rollout

Last updated 15:53 17/01/2014

Relevant offers

Industries

Scales expands into Auckland Greens eye bigger supluses Sex offender tracking contract awarded to Wynyard Surplus remains Labour's bottom line Mighty River profit beats IPO forecast All eyes on Fletcher Building Ross victims face 97pc loss of funds Formal port offer expected in weeks NZ sale cuts debt for waste company Homes part of Fletcher future

Hawaiki Cable has sold more capacity on the New Zealand, Australian and United States segments of its trans-Pacific fibre-optic cable to Auckland-based company Solarix Networks.

Hawaiki chief executive Remi Galasso said the 10-year, multimillion-dollar deal took the New Zealand company another step closer to deploying the planned 14,000-kilometre cable system.

Solarix director Flemming Rasmussen said the deal would improve Solarix's trans-Tasman service resiliency and introduce price competition.

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content