Menu
Hawaiki Cable signs SIL Long Term Holdings as equity partner

Hawaiki Cable signs SIL Long Term Holdings as equity partner

Sir Eion Edgar invests in $US300 million Hawaiki submarine cable system

Hawaiki Cable and SIL Long Term Holdings have signed a binding agreement to become equity partners in developing and implementing the $US300 million Hawaiki submarine cable system.

The trans-Pacific cable will link Australia, New Zealand a number of South Pacific Islands to the United States by the tail end of 2017. The cable is based on coherent fibre technology with a capacity of more than 25Tbps.

SIL is the family investment vehicle of Sir Eion Edgar.

“This cable will not only provide faster and better Internet, but will also significantly enhance the security of our data connection to the globe, “ Sir Eion Edgar said. “As a family we have endeavoured to support and invest in projects that not only make sound business sense, but which also make a positive contribution to New Zealand society, in particular the areas of health and education."

Hawaiki Cable CEO, Remi Galasso, said it was an important strategic asset for New Zealand.

“Our capacity contracts with New Zealand customers, including REANNZ, symbolises the first cornerstone of the project and now with the Edgar family on board, we demonstrate our commitment and ability to provide New Zealand with state-of-the-art infrastructure.”

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags hawaiki submarine cableHawaiki Cable LimitedSir Eion Edgar

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments