Spark, Voda and Telstra to spend US$70 million on trans-Tasman cable

Wed, 17 Dec 2014

By Suze Metherell Dec. 18 (BusinessDesk) - Spark New Zealand and Vodafone, New Zealand's two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. The new Tasman Global Access Cable will boost broadband connections between the two countries, with Spark investing US$32 million in the project, due to start next year, the three telcos said in a joint stat...

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