New Zealand-based Pacific submarine cable developer and owner Hawaiki Cable Limited is planning to build a $US350M submarine cable system to carry vast quantities of electronic data between Australia, New Zealand, Hawaii and the west coast of the United States.
The cable could be operating within as little as two years and will be the second fibre optic cable network linking New Zealand with the rest of the world, bringing true competition to the market and providing security of supply necessary for the country to host international data centres.
In what is being described as a huge coup for the North, Hawaiki has signed a Memorandum of Understanding with regional economic development agency Northland Inc to land the new cable in the Whangarei area.
Under the agreement, Hawaiki commits to bring its cable ashore in the Whangarei area and build associated land-based infrastructure (including its cable landing station) in Northland.
Hawaiki Cable Limited CEO Rémi Galasso says the system, which has a design life of 25 years, will be based on 100 Gigabits per second (Gbps) wavelength technology and deliver more than 20 Terabits per second (Tbps) of design capacity.