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

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments