Lower internet prices and unlimited downloads for home connections are predicted to be the result of a new high-speed link planned between New Zealand, Australia and the United States.

The project would build a $900 million, 13,000km high-speed link within three years.

The “Pacific Fibre” project is backed by some of New Zealand’s best-known businessmen, including high-flyers Sam Morgan, Sir Stephen Tindall and Rod Drury.

To read this report in The New Zealand Herald in full, see:
www.nzherald.co.nz/technology/news/article.cfm?c_id=5&objectid=10631510

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Top business figures in bold broadband bid
Several of New Zealand’s key innovators have launched a $900 million bid to build an international fibre cable across the Pacific that aims to give virtually unlimited high speed broadband for New Zealand and Australia.

Pacific Fibre includes Warehouse founder Stephen Tindall, TradeMe creator Sam Morgan and software entrepreneur Rod Drury, who said they aim to break the digital divide between New Zealand, Australia and the rest of the world.
www.stuff.co.nz/business/3435625/Top-business-figures-in-bold-broadband-bid

Internode boosts Southern Cross capacity
Internet service provider Internode has signed up for 2.5 gigabits per second more international capacity from Southern Cross Cable’s Network and says it has plans to buy another 12.5 gigabits.
www.zdnet.com.au/news/communications/soa/Internode-boosts-Southern-Cross-capacity-/0,130061791,339301728,00.htm