Subscribe today - find out more
Why you should consider BusinessDesk
Sponsored by

Hawaiki Submarine Cable bought by BW Group

Henry Burrell
Tue, 27 Jul 2021

Hawaiki executive chair Rémi Galasso and BW Group executive chair Andreas Sohmen-Pao. (Image: Supplied)
Henry Burrell
Tue, 27 Jul 2021
Submarine cable company Hawaiki plans to sell to BW Digital, an affiliate of Singapore-based shipping company BW Group.Hawaiki’s submarine cable network is vital to New Zealand’s telecommunications and links the country to Australia, American Samoa, Hawaii, and Oregon on the west coast of the US.BW Group seeks to buy, for an undisclosed sum, 100% of the shares of Hawaiki Submarine Cable Limited Partnership and International Connectivity Services Limited. The deal is subject to regulatory approval. A Hawaiki spokesperson confirm...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The hermit trading nation
Ian McCrae | Sat, 25 Sep 2021

The rest of the world is opening up, and NZ businesses' international customers are getting frustrated. 

Law & Regulation
Deloitte: Why consultants are moving into advertising
Daniel Dunkley | Sat, 25 Sep 2021

The glamorous advertising world looks set for a shake-up.

On the Money
On the Money: Judith Collins, Ardie Savea, NZ's most accessible business leaders, and more
Rebecca Stevenson | Sat, 25 Sep 2021

OTM this week: the parallels between Judith Collins' business and political careers, who are the most approachable business leaders in NZ, which company is holding fire to get personal? And more.

Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.