Trans-Pacific telecom cable prices cut again

Mon, 14 Jan 2013

By Pattrick Smellie Jan 14 (BusinessDesk) - The price of internet connection to the rest of the world is dropping again as New Zealand's only international cable owner, Southern Cross Cables, announces a 20 percent cut in its capacity prices. However, critics of the single carrier say it should be cutting its fees much harder to encourage the uptake of fast internet services which government policies have identified as a crucial element in getting New Zealand growing faster. Jointly owned by Telecom New Zealand, Singtel-Optus of Singapore an...

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