Hawaiki cable a step closer to rollout

02:53, Jan 17 2014

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.

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Fairfax Media