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March 12, 2010

NZ group plots $630m trans-Pac cable

Filed under: Daily News,New Zealand,Optical Networks,Pacific Fibre,Public,Southern Cross,Subsea cable,trans-Pacific cable — fmmonteverde @ 9:13 am

A group of New Zealand entrepreneurs is planning a trans-Pacific cable to challenge Southern Cross’s monopoly of the south Pacific route.
 
The unfunded startup, Pacific Fibre, is aiming to build the NZ$900 million ($630m) cable by 2013.
 

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