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MENAFN - 19/02/2013

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(MENAFN) New Zealand's Telecom, Vodafone and Telstra stated that they will set up a USD60 million undersea fiber-optic cable, reported AP.

The three telecommunications firms said that the internet-powering cable, which is scheduled to complete by the end of 2014, will link the country with Australia.

According to the firms, the cable's capacity is 30 terabits per second, which is nearly 300 times New Zealand's data requirements, noting that the cable is expected to provide sufficient capacity for the coming twenty years.

The companies noted that the new cable will enhance New Zealand's slow internet speed and expand the economy.

It is worth noting that New Zealand depends mainly on the Southern Cross cable, which expands from Sydney through Auckland and on to Hawaii, to connect with the rest of the world.

 






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