Telecom, Vodafone, Telstra team up on new trans-Tasman cable

Mon, 18 Feb 2013

Feb. 19 (BusinessDesk) - New Zealand's dominant mobile and landline phone companies Telecom and Vodafone New Zealand are teaming up with Australian rival Telstra to look building a new trans-Tasman submarine cable to lift the nation's internet links to the rest of the world. The phone companies have signed a non-binding memorandum of understanding to co-invest in the build of an Auckland-to-Sydney link, at a cost of at least US$60 million, they said in a joint statement. The link, tentatively called the Tasman Global Access Cable, would inco...

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