Government offers to stump up $15M and take anchor tenancy on new international cable

Thu, 19 Sep 2013

Sept. 19 (BusinessDesk) - The government is offering $15 million and to take an anchor tenancy to a new international telecommunications cable if it can handle turbo-charged requirements to handle research and education traffic. Communications Minister Amy Adams is seeking expressions of interest from companies planning to build a trans-Tasman and trans-Pacific cable to bolster the country’s research community’s access to the rest of the world. A potential cable would have to be suitable for research, innovation and education, as well as com...

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