NZ boffins take the plunge with submarine cable deal
Splash public cash on Pacific Fibre
New Zealand's newest international cable project, Pacific Fibre, has negotiated a revised contract from its first customer REANNZ for the supply of international capacity valued at NZ$91m.
REANNZ (Research & Education Advanced Network NZ) owns and operates Karen – the Kiwi Advanced Research and Education Network – on behalf of New Zealand's research, education and innovation community, including universities and Crown Research Institutes (CRIs).
As reported on The Reg in late May, REANNZ signed as the ambitious $400m project's first customer, but at the time committed to a NZ$15m contract only.
The revised deal will secure the organisation's ability to fully participate in a global network of more than 100 research and education networks.
Pacific Fibre will connect Australia to the United States with two fibre optic cables via New Zealand and aims to go live in 2014. ®