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19 February 2013
Telecom New Zealand, Vodafone and Telstra have signed a non-binding MoU to co-invest in a submarine cable between Auckland, New Zealand and Sydney, Australia.
The cable named Tasman Global Access (TGA) is designed to
significantly improve New Zealand’s international
telecoms connectivity and to strengthen the
country’s links with Asian markets.
TGA is expected to cost less than $60 million and will
incorporate three fibre pairs. It will have a design capacity
of 30Tbps, 300 times today’s internet data demand
out of New Zealand.
The design is expected to...
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Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email firstname.lastname@example.org.
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