The operator of New Zealand’s only international internet cable has cut wholesale prices by 44 per cent as one of its potential competitors announced progress on a rival project.

The Southern Cross Cable Network runs between Auckland, Sydney and the United States and transports all the internet traffic coming in and out of New Zealand.

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Broadband data caps may lift after price cut
Internet providers may soon run out of excuses for stingy broadband data caps after Southern Cross Cable slashed the price of carrying internet traffic to and from New Zealand and plans for a competing trans-Tasman cable took a step forward.

Southern Cross, which is half owned by Telecom, announced it would cut the cost of carrying communications traffic between New Zealand and the United States and Australia and the US by 44 per cent to about 6 cents a gigabyte. The cut applies to capacity bought through new contracts.
www.stuff.co.nz/dominion-post/business/6273473/Broadband-data-caps-may-lift-after-price-cut