By IT Wire

Pacific Fibre – which has yet to secure the finance needed to build the system, estimated cost $US400m – announced last July that it had contracted US based TE SubCom (formerly Tyco Submarine Systems) to build the 12,750km system.

In January 2012, Huawei announced that its subsea cable division, Huawei Marine had been contracted undertake a seabed survey for the planned Optikor cable to link Australia and New Zealand by the end of 2103. Huawei named the client as Axin Limited – a company that, it said “was founded in 2010, is fully invested by the Sino Telecommunication, and plays major role in the national broadband project of New Zealand.”

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