By GeekZone

Besieged by complaints about government favours to network company Chorus, Communications Minster Amy Adam found time for an announcement about government support for a trans-pacfic submarine cable.

Adams says the government wants expressions of interest from companies considering building an international cable linking Australia, New Zealand and the USA. At the time of writing only one company has publicly committed to such a project: Hawaiki.

She says the government is willing to contribute $15 million to a project. Give that figure is between five and seven percent of the likely cost of building a trans-Pacific cable, it’s not a drop in the water, but nor is it enough to interest fresh players.

Read more…

Share This Story, Choose Your Platform!